TY - GEN
T1 - Application of Industry 4.0 towards Achieving Business Sustainability
AU - Munsamy, M.
AU - Telukdarie, A.
N1 - Publisher Copyright:
© 2018 IEEE.
PY - 2018/7/2
Y1 - 2018/7/2
N2 - Industry is at a precipice of change driven by sustainability and the fourth industrial revolution, known as Industry 4.0. Industry 4.0 adopts a system of systems and data centric approach to develop smart businesses, smart factories and smart products. The Process Centric Energy Model, which adopts a system of systems approach is applied to optimize total business energy demand and GHG emissions. The model comparatively analyses the impacts of application of Industry 4.0 technologies of internet of things, cyber physical systems, big data analytics, automation and mobility on energy demand, GHG emissions and personnel requirements of a maintenance process. The model results demonstrate that integration of Industry 4.0 technologies enables significant reduction in energy demand, GHG emissions and personnel requirements. The results affirm the model's capability in optimizing business energy demand and evaluating the impacts of Industry 4.0 technologies on business energy demand. The model findings affirms the application of Industry 4.0 in reducing business energy demand, towards attaining business sustainability.
AB - Industry is at a precipice of change driven by sustainability and the fourth industrial revolution, known as Industry 4.0. Industry 4.0 adopts a system of systems and data centric approach to develop smart businesses, smart factories and smart products. The Process Centric Energy Model, which adopts a system of systems approach is applied to optimize total business energy demand and GHG emissions. The model comparatively analyses the impacts of application of Industry 4.0 technologies of internet of things, cyber physical systems, big data analytics, automation and mobility on energy demand, GHG emissions and personnel requirements of a maintenance process. The model results demonstrate that integration of Industry 4.0 technologies enables significant reduction in energy demand, GHG emissions and personnel requirements. The results affirm the model's capability in optimizing business energy demand and evaluating the impacts of Industry 4.0 technologies on business energy demand. The model findings affirms the application of Industry 4.0 in reducing business energy demand, towards attaining business sustainability.
KW - Energy
KW - GHG emissions
KW - Industry 4.0
KW - Sustainability
UR - http://www.scopus.com/inward/record.url?scp=85061831844&partnerID=8YFLogxK
U2 - 10.1109/IEEM.2018.8607566
DO - 10.1109/IEEM.2018.8607566
M3 - Conference contribution
AN - SCOPUS:85061831844
T3 - IEEE International Conference on Industrial Engineering and Engineering Management
SP - 844
EP - 848
BT - 2018 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2018
PB - IEEE Computer Society
T2 - 2018 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2018
Y2 - 16 December 2018 through 19 December 2018
ER -
