University of Twente Student Theses
Exploring the implementation of Industry 4.0 at SMEs using the Smart Industry Maturity Scan (SIMS)
Dierink, S.G. (2021) Exploring the implementation of Industry 4.0 at SMEs using the Smart Industry Maturity Scan (SIMS).
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| Abstract: | Industrialization is on the verge of a fourth revolution: Industry 4.0 (I4.0). The use of new technologies can create a cyberphysical system in which technologies and machines are often interconnected. This leads to increasingly autonomous and intelligent systems which enables new and efficient processes that can lead to a competitive advantage for SMEs. The potential advantages of I4.0 are well known. However, according to previously conducted research, not all companies have yet made the transition to I4.0. With the use of the Smart Industry Maturity Scan (SIMS), this study explores the maturity of I4.0 implementation at two manufacturing SMEs. This SIMS scan is the starting point for a group discussion with the SMEs to observe potential factors that might prevent the companies from implementing I4.0. This research found out that the main factors that prevent SMEs from implementing I4.0 are complexity, financial barriers and knowledge scarcity. |
| Item Type: | Essay (Bachelor) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science |
| Programme: | International Business Administration BSc (50952) |
| Link to this item: | https://purl.utwente.nl/essays/86590 |
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