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Impact of Industry (4.O) in Automobile Industry

Profile image of Abayomi AdegbenjoAbayomi Adegbenjo

2022, E3S web of conferences

https://doi.org/10.1051/E3SCONF/202343001222
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Abstract

The emergence of Industry 4.0, characterized by the fusion of cutting-edge technology and digitization, has significantly altered the automotive industry. Automation, data interchange, and digital technology are combined in Industry 4.0 to produce a more productive and adaptable production environment. This technological advancement is not without its difficulties, such as a call for improvement on cybersecurity to prevent online attacks, up skilling and reskilling of industry employees to ensure high level of competencies, to mention a few. The auto industry is moving toward a new paradigm of connected vehicles and intelligent mobility options outside of the production environment thanks to Industry 4.0. With the integration of (IoT) the Internet of Things, cars have become sophisticated devices that can gather, process, and communicate enormous amounts of data. Sensors placed throughout the vehicle provide real-time monitoring of performance, external conditions, and driver behaviour. This increases safety protections, maximizes fuel efficiency, and paves the road for preventative maintenance. This study aims at developing a workforce framework that will help increase organizational effectiveness within the industry 4.0 paradigm. It also provides recent views on the development of the automobile industry due to Industry 4.0 incorporation, the perceived and current difficulties and possible solutions to identified challenges.

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TITLE: REVIEW PAPER ON AUTOMATION INDUSTRY, INDUSTRY 4.0
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Related topics

  • Business
  • Engineering
  • Mechanical Engineering
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  • Economics
  • Macroeconomics
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