Track: Operations Management

Abstract

The first industrial revolution (INDUSTRY 1.0) brought mechanization, steam power and the weaving loom. Followed by the second industrial revolution (INDUSTRY 2.0) introducing mass production, assemble lines and electrical energy. Subsequently the third industrial revolution (INDUSTRY 3.0) which developed automation, computers and electronics. More recently the forth industrial revolution (INDUSTRY 4.0) the advent of cyber physical systems, internet of things and networks. This study identified the factors of INDUDTRY 4.0 from Simulation, Autonomous Robots, Big Data, Augmented Reality, Additive Manufacturing, Cloud Computing, Cybersecurity, System Integration to Internet of Things to identify which element(s) has contributed to Operations Management Development in organisation for managers to make informed decisions. Data collected with a questionnaire was analysed to find the relevant actors of INDUSTRY 4.0.