Industry 4.0 and Beyond: Enabling Digital Transformation and Sustainable Growth in Industry X.0

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The manufacturing industry has experienced significant changes with the advent of Industry 4.0 and its evolution into Industry X.0. This study explores the key enablers, challenges, and implications of Industry X.0, which includes advanced technologies such as digital twin, edge computing, 5G connectivity, and quantum computing. These technologies drive growth, efficiency, and sustainability in manufacturing, but stakeholders must also address the associated risks and challenges, such as cybersecurity threats and potential workforce impacts. This study provides case studies and examples of Industry X.0 applications, including smart factories, predictive maintenance, digital twinning in manufacturing, and cross-sectoral applications in smart cities, healthcare, energy, and defense. Practical recommendations for stakeholders include investing in digital transformation, reskilling and retraining employees, implementing cybersecurity measures, adopting circular business models, and fostering collaboration across supply chains. Moreover, the study emphasizes the importance of addressing ethical implications, such as data privacy and security, while highlighting areas for further research. Overall, Industry X.0 presents significant opportunities for companies to thrive in the new digital economy but requires careful management and strategic planning.

Original languageEnglish
Title of host publication2023 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2023
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages758-762
Number of pages5
ISBN (Electronic)9798350323153
DOIs
Publication statusPublished - 2023
Event2023 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2023 - Singapore, Singapore
Duration: 18 Dec 202321 Dec 2023

Publication series

Name2023 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2023

Conference

Conference2023 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2023
Country/TerritorySingapore
CitySingapore
Period18/12/2321/12/23

Keywords

  • Industry 4.0
  • Industry X.0
  • digital transformation
  • sustainability

ASJC Scopus subject areas

  • Artificial Intelligence
  • Decision Sciences (miscellaneous)
  • Statistics, Probability and Uncertainty
  • Industrial and Manufacturing Engineering
  • Modeling and Simulation
  • Strategy and Management

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