MANAGEMENT OF DIGITAL TRANSFORMATION PROJECTS OF INTERNATIONAL ENTERPRISES: KEY DIFFERENCES OF INDUSTRY 4.0 AND 5.0
DOI:
https://doi.org/10.31891/mdes/2023-8-16Keywords:
Industry 4.0, Industry 5.0, project management, supply chain management, international business, international enterprise management, digital transformation, sustainabilityAbstract
The research is devoted to the comparison of the key characteristics and technologies of Industry 4.0 and Industry 5.0 in order to identify common and distinctive features. In the context of the modern era of digital innovations, important aspects of the technological development of international companies are investigated. The main purpose of this work is to highlight the tools of the fifth industrial revolution, in particular software that can be used by companies in various industries. Paying attention to modern trends, the work analyzes the current challenges faced by enterprises and provides recommendations for the implementation of innovative technologies. To achieve these goals, methods of comparative analysis, system approach and analysis of scientific and technical literature are used. The study reveals significant features and advantages of Industry 5.0 compared to Industry 4.0, particularly focusing on the use of artificial intelligence, automation and human-machine interaction. The obtained results enable companies to better understand the potential advantages and limitations of using Industry 5.0 tools in modern production. In addition, the work takes into account current trends in the digital economy and industrial development, which emphasizes its importance for researchers, manufacturing enterprises and strategic planners.
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