small business

Industry 4.0 Is Not Just Digital Change, But It Is Revolution

Industry 4.0 Is Not Just Digital Change, But It Is Revolution

Thomas Steckenreiter, Thorsten Pötter, Claus Riehle
The story behind “Industry 4.0” has a much bigger scope as it is talked about, according to the authors particularly in the management of small and medium-sized enterprises (SMEs). For this reason the paper on one hand lists the essential prerequisites for Industry 4.0, on the other hand it describes the features of the “Digitalisation” which make the upcoming move revolutionary. A consequent digitalisation of processes in organisations in terms of automation takes away people’s effort for decision-making as well as semi-autonomous, networked artificial intelligence (AI) does. This facilitates and irritates participants of organisation equally. The digital transformation will have consequences for production and organisation therefore, i.e. this change will influence technology and corporate culture.
Industrie 4.0 Management | Volume 34 | 2018 | Edition 2 | Pages 43-47 | DOI 10.30844/I40M18-2_43-47
Challenges for Midsized Subcontractors in the Aviation Industry

Challenges for Midsized Subcontractors in the Aviation Industry

Martin Hinsch
The global players of the aviation industry are shifting a growing shares of their value added to their subcontracters. New subcontractors must do considerable expenses to get accustomed to the special quality and security requirements of the aviation industry. This can be done as an EASA approved production organisation or as an extended workbench. The decision orientates itself at the specific activities required.
Industrie Management | Volume 25 | 2009 | Edition 4 | Pages 57-60