KEY INFORMATION TECHNOLOGIES OF INDUSTRY 4.0

Authors

  • Savo Stupar School of Economics and Bussines, University of Sarajevo Author
  • Emir Kurtović School of Economics and Bussines, University of Sarajevo Author
  • Mirha Bičo Ćar School of Economics and Bussines, University of Sarajevo Author

DOI:

https://doi.org/10.7251/ZREFIS2020059S

Keywords:

Big Data Analytics technology, Hadoop, Mapreduce, Cloud Computing, Blockchain technology, Bitcoin, P2P network

Abstract

In the last ten years, three new information technologies have emerged, representing the realization of old (by the time of emergence) theoretical concepts, but new in creativity and innovation, as well as incredible potential for the realization of revolutionary ideas and changes in all areas of human activity, which by one name they call 4th Industrial Revolution or Industry 4.0. They are: Big Data Analytics technology, Cloud Computing and Blockchain technology. Each of them individually represents the realization of new paradigms of computer data processing, which could not be practically implemented until the development of information and communication technologies, especially the Internet, Web applications, new operating systems, network technologies, mobile telephony, technologies of advancement of hardware performances, internet of things, etc. The primary aim of this paper is to get acquainted with the characteristics of these technologies and their potentials, their advantages and disadvantages in relation to traditional technologies, identification of areas and ways of their both current and future applications. The ultimate goal is to explain the incredible potential of these technologies, creating the foundation for their combined application in the creation of new Industry 4.0 products, which should result in a synergistic effect.

References

Alqaryouti, Omar, and Nur Siyam. 2018. ,,Serverless Computing and Scheduling Tasks on Cloud: A Review’’. American Scientific Research Journal for Engineering Technology and Sciences 40(1): 235-247.

Arunović, Denis 2018. “Što je u stvari blockchain i kako radi” BUG. Accessed March 16, 2019. https://www.bug.hr/tehnologije/sto-je-u-stvari-blockchain-i-kako-radi-3011

Barreto, Luis, Amaral Antonio, and Pereira Teresa 2017. "Industry 4.0 implications in logistics: an overview". Procedia Manufacturing 13: 1245-1252. Elsevier BV. doi:10.1016/j.promfg.2017.09.045.

BMBF - Bundesministerium für Bildung und Forschung, Deutschland / Federal Ministry of Education and Research, Germany. 2006. The High-Tech Strategy for Germany. Bonn, Berlin 2006 Accessed May, 10 2020. http://www.inovasyon.org/pdf/Germany.HighTechStrategy.pdf

BMBF - Bundesministerium für Bildung und Forschung, Deutschland / Federal Ministry of Education and Research of Germany (BMBF). 2014. The new high-tech strategy innovations for Germany. https://ec.europa.eu/knowledge4policy/publication/new-high-tech-strategy-innovations-germany-2014_en Accessed May, 10 2020.

Cisco Solutions 2019. „White paper of Cloud Computing“ Accessed January 15, http://cisco.com/en/US/solutions/collateral/ns340/ns517/ns224/ns836/ns976/white_paper_c11-543729.html

CARNet CCERT and LS&S 2001. “Integrisani okvir za sigurnost i pouzdanost”. Accessed January 15, http://www.cis.hr/www.edicija/LinkedDocuments/CCERT-PUBDOC-2001-03-02.pdf

Dean, Jeffrey, and Ghemawat, Sanjay. 2008. "MapReduce". Communications of the ACM 51 (1): 107-113. doi:10.1145/1327452.1327492.

Dohale, Vishwas and Kumar, Shashank. 2018. A Review of Literature on Industry 4.0. Conference: National Convention of IIIE and International Conference. Accessed May 15, 2020. https://www.researchgate.net/publication/328345685_A_Review_of_Literature_on_Industry_40

Đorđević, Ivica. 2016. Šta je Blockchain i kako radi. EdgeD. Accessed February 07, 2019. http://ivicadj.com/2016/11/sta-je-blockchain-i-kako-radi/

Executive Office of the President National Science and Technology Council of The United States. 2012. “NSTC - A National Strategic Plan for Advanced Manufacturing”. Accessed May 11, 2020. https://www.energy.gov/sites/prod/files/2013/11/f4/nstc_feb2012.pdf

Gantz, John and David Reinsel. 2011. Accessed May 13 „Extracting Value from Chaos“. IDC iView. Sponsored by EMC. URL: http://www.emc.com/collateral/analyst-reports/idc-extracting-value-from-chaos-ar.pdf

Internet Live Stats. 2019. Accessed May 11 https://www.internetlivestats.com/

Jyoti, Nigania 2018. “The 10V’s of Big Data”. Accessed May 11, 2020 House of Bots. http://houseofbots.com/news-detail/2819-1-the-10-v%27s-of-big-data

Kagermann, Henning, Lukas Wolf-Dieter and Wahlster Wolfgang. 2011. "Industrie 4.0: Mit dem Internet der Dinge auf dem Weg zur 4. industriellen Revolution" Accessed May 11, 2020 http://www.wolfgang-wahlster.de/wordpress/wp-content/uploads/Industrie_4_0_Mit_dem_Internet_der_Dinge_auf_dem_Weg_zur_vierten_industriellen_Revolution_2.pdf

Knoblauch, Max. 2014. “Internet Users Send 204 Million Emails Per Minute” at Mashable, Accessed May 11, 2020 https://mashable.com/2014/04/23/data-online-every-minute/#MBzXmZxc6gqB

Kocijan, Kristina. 2014. “Big Data: kako smo došli do Velikih podataka i kamo nas oni vode“. in: Komunikacijski obrasci i informacijska znanost. edited by Radovan Vrana i Pečarić Đilda Zagreb: Zavod za informacijske studije, 37-62.

Lazarević, Igor. 2015. „Big Data u farmaciji i medicini“ BB Informator. Accessed Juli 2015. https://www.slideshare.net/IgorLazareviMScEcono/big-data-pojam-i-znaaj

Le Gouvernment Republique Française. 2015. “New Industrial France Building France’s industrial future”. Accessed May 2020. https://www.economie.gouv.fr/files/files/PDF/web-dp-indus-ang.pdf

Ma, Huimin; Wu, Xiang; Yan, Li; Huang, Han; Wu, Han; Xiong, Jie and Zhang, Jinlong. 2018. “Strategic Plan of Made in China 2025 and Its Implementations” (with Ma H.), Analysing the Impacts of Industry 4.0 in Modern Business Environments 2018. P.1-23 IGI Global. Accessed May, 10 2020. https://www.researchgate.net/publication/326392969_Strategic_plan_of_Made_in_China_2025_and_its_implementation

Manyika, James, Michael Chui, Brad Brown, Jacques Bughin, Richard Dobbs, Charles Roxburgh, and Angela Hung Byers. 2011. “Big Data: The next frontier for innovation, competition, and productivity”. Report by McKinsey Global Institute. https://bigdatawg.nist.gov/pdf/MGI_big_data_full_report.pdf

Marjanović, Darko. 2014. Šta je to Bog Data? Data Science Serbia. Accessed December 2019. http://www.datascience.rs/sta-je-big-data/

Marr, Bernard. 2018. How Much Data Do We Create Every Day? The Mind-Blowing Stats Everyone Should Read. Forbes. May, 21 2018, Accessed November 2019. https://www.forbes.com/sites/bernardmarr/2018/05/21/how-much-data-do-we-create-every-day-the-mind-blowing-stats-everyone-should-read/#642a7e8c60ba

Mayer-Schönberger, Viktor and Kennet Cukier. 2013. Big Data: A Revolution That Will Transform How We Live, Work, and Think. Boston: Houghton Mifflin Harcourt.

Nakamoto, Satoshi. 2008. Bitcoin: A Peer-to-Peer Electronic Cash System. [bitcion.org]. Accessed January 13, 2019. https://bitcoin.org/bitcoin.pdf,

National Institute of Standards and Technology. n.d. NIST Cloud Computing Program. Accessed November 15, 2019. https://www.nist.gov/programs-projects/nist-cloud-computing-program-nccp

Oztemel, Ercan and Gursev, Samet. 2018. Literature review of Industry 4.0 and related technologies. Journal of Intelligent Manufacturing. 1/2020. Accessed May 13, 2020. https://www.researchgate.net/publication/328345685_A_Review_of_Literature_on_Industry_40

Piccarozzi, Michela, Barbara Aquilani and Corrado Gatti. 2018. "Industry 4.0 in Management Studies: A Systematic Literature Review". Sustainability 10 (10): 3821. MDPI AG. doi:10.3390/su10103821.

SAS Institute Inc. 2014. “Hadoop: What is it and why does it matter?” SAS Institute Inc, Accessed January 27, 2018. http://www.sas.com/en_us/insights/big-data/hadoop.html

Shafer, Tom. 2017. “The 42 V’S of Big Data and Data Science”. KDNuggets News. Accessed December, 15 2019. https://www.kdnuggets.com/2017/04/42-vs-big-data-data-science.html

Stipić, Arian and Tomislav Bronzin. 2012. ,,How Cloud Computing Is (not) Changing the Way We Do BI’’ Proceedings of the 35th International Convention. MIPRO, Opatija: IEEE 1574-1582.

Stony Brook University and Rutgers University. 2012. What is Big Data? Accessed December 03, 2017. https://cdda.cs.stonybrook.edu/sites/default/files/cddafiles/CDDA_University%20Consortium.pdf

Stupar, Savo. 2019. “Blockchain - Tehnologija bliske budućnosti?” u Zbornik radova Jahorina Business Forum - VIII naučna konferencija. Jahorina 339-348.

Stupar, Savo, Bičo Ćar, Mirha and Šahić, Elvir. 2018. “The Role of Hadoop Technology in the Implementation of Big Data Concept”. In: New Technologies, Development and Application. NT 2018. Lecture Notes in Networks and Systems, vol 42 edited by Isak Karabegović. Springer, Cham.

Stupar, Savo, Bičo Ćar, Mirha and Šahić, Elvir. 2020. “Aplication of Cloud Computing in Companies”, In: Handbook of Research on Integrating Industry 4.0 in Bussines and Manufacturing, edited by Karabegović, Isak, Kovačević, Ahmed, Banjanović-Mehmedović, Lejla, Dašić Predrag. IGI Global.

The National Institute for Science and Technology Policy of Japan (NISTEP). 2015. Japan’s 5th Science and Technology Basic Plan (2016–2020). Accessed May 11, 2020. https://www.nistep.go.jp/wp/wp-content/uploads/2016NISTEP-pamphlet-EN.pdf

Topčić, Alan. 2020. Izazovi i mogućnosti implementacije pojedinih tehnoloških nosilaca koncepta industrije 4.0. u 4. Naučno-stručna konferencija INN&TECH - Konferencija o značaju razvoja tehnike, tehnologije, inovatorstva, inovativnosti i informacionih tehnologija, At Sarajevo, Volume: 1. Accessed May 13, 2020. https://www.researchgate.net/publication/338843216_IZAZOVI_I_MOGUCNOSTI_IMPLEMENTACIJE_POJEDINIH_TEHNOLOSKIH_NOSILACA_KONCEPTA_INDUSTRIJE_40

Turban, Efraim, Linda Volonino, and Gregory R. Wood. 2015. Information Technology for Management: Digital Strategies for Insight, Action, and Sustainable Performance. Hoboken, NJ: John Wiley & Sons.

UK Department for Business, Innovation & Skills. 2013. “Eight great technologies”. Accessed May, 10 2020. https://www.gov.uk/government/publications/eight-great-technologies-infographics

Zhang, L. 2013. How structured data (Linked Data) help in Big Data Analysis -Expand Patent Data with Linked Data Cloud. Electrical Engineering and Computer Sciences University of California at Berkeley. URL: http://www.eecs.berkeley.edu/Pubs/TechRpts/2013/EECS-2013-96.pdf

Downloads

Published

2020-06-15

Issue

Section

Review Paper

How to Cite

KEY INFORMATION TECHNOLOGIES OF INDUSTRY 4.0. (2020). Zbornik Radova Ekonomskog Fakulteta U Istočnom Sarajevu, 20, 59-75. https://doi.org/10.7251/ZREFIS2020059S