Research Article

A NEW THEME FOR PRODUCTION: INDUSTRY 4.0

Volume: 3 Number: 2 April 28, 2016
EN TR

A NEW THEME FOR PRODUCTION: INDUSTRY 4.0

Abstract

In recent years, concept of Industry 4.0 and the possible effects of this concept on the manufacturing and service industries are one of the top priority topic on the agenda of developed free market economies and multinational corporations which create the links of the international value chains. This new process is also known as the 4th Industrial Revolution is the next level in automation. Industry 4.0 connect every tool, machine and sensors that is involved in the manufacturing process to organize the process simultaneously by connecting them via internet. With this new form of industry, the necessary data for manufacturing processes will be stored in the cloud servers thus possibly help the process to surpass the strictness of time and location. With the embracement of advance engineering and full integration of systems provided by Industry 4.0, high value-added manufacturing competition will take the place of low labor cost manufacturing. Understanding Industry 4.0 and integration of it in local industries will help the developing countries to get their parts in the international division of labor. In this study, the basic characteristics and possible effects of the conceptualized Industry 4.0 since 2011 is being discussed.  

Keywords

References

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Details

Primary Language

Turkish

Subjects

-

Journal Section

Research Article

Publication Date

April 28, 2016

Submission Date

March 9, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 3 Number: 2

APA
Alçın, S. (2016). ÜRETİM İÇİN YENİ BİR İZLEK: SANAYİ 4.0. Journal of Life Economics, 3(2), 19-30. https://doi.org/10.15637/jlecon.129