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Industry 4.0 transition strategies for Ukrainian construction SME’s

Yakovyna, Andriy (2020) Industry 4.0 transition strategies for Ukrainian construction SME’s.

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Abstract:Industry 4.0 is an arising technological landscape, that promises to enhance production and management processes in many business sectors. The transition towards new technologies is on the agenda of the vast majority of business fields nowadays, and the construction sector is not an exception. The successful adoption is increasingly important for Small-Medium Sized Enterprises (SME), that face more challenges than large organizations since they possess fewer recourses and experience to benefit from the new technologies, and yet comprise the backbone of any country’s economy. This research aims to provide a better understanding of how Ukrainian construction SME’s can anticipate the Industry 4.0 revolution strategically and responsibly. This was done by means of exploring the main obstacles between the SME’s and the Industry 4.0 technologies and what could be done to overcome them. As the research tool, the extended Smart scan was applied to a case study company, which was designed to determine the company’s maturity level across 15 business aspects. The results of the scan were further analyzed and then discussed with the construction company’s employees during the workshop. Next to that, theoretical and conceptual frameworks were built to provide construction SME’s with practical guidelines on how to start the Industry 4.0 journey.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:30 exact sciences in general
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/81822
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