Highlights
Assignment Task
In this individual assignment, you will be required to:
1. Produce a 3500-word (maximum) individual report in which you critically evaluate how an Industry 4.0 (I4.0) technology is driving transformation in organisations. You should select one type of I4.0 technology of your choice and investigate in depth its impacts on a selected firm’s operations and its environment. You must critically and analytically discuss the drivers and the impact of the Industry 4.0 technology which you have identified, on the relevant business and their performance. You will provide insights as to how Industry 4.0 has been addressing operational issues and improving these.
Unit Learning Outcomes Assessed:
Explain the historic context and evolution, which has transformed societal development from the first industrial revolution to what is known as the fourth industrial revolution, or Industry 4.0.
Evaluate the drivers of Digitisation and Information Technologies.
Assess the impact of Industry 4.0 to the business environment.
Report (100%)
You are required to write a 3500-word report (maximum). The main tasks are as follows:
Evaluate how an Industry 4.0 technology is driving transformation in organisations. You should select one type of I4.0 technology of your choice and investigate in depth its impacts on a firm’s operations and environment.
Critically discuss the Industry 4.0 technology academic research by critically reviewing appropriate, current academic literature. In your discussion, consider various Industry 4.0 technological developments in automation and data exchange, such as Internet-of- Things (IoT), data mining, cyber-physical-systems, cloud computing, artificial intelligence and blockchain etc.
Choose an organisation in any sector. It is preferable to select an organisation demonstrating some industry 4.0 development. A large organisation is recommended however, small or medium-sized firms could be relevant to analyse as well.
Study the existing impact Industry 4.0 has on the organisation and critically assess its impact on the operations of the organisation.
Critically evaluate drivers for Industry 4.0 adaptation on the selected organisation. The evaluation should focus on different aspect of Industry 4.0 and the technologies that support it. Theories underpinning this evaluation must be based on current literature discussed in part 1.
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