Critical Success Factors in the Transition Processes to Industry 4.0 Projects

Abstract

In today's competitive industrial world, sustainability and competitive advantage of companies depend mostly on their capability of adaptation to changing business requirements. The Fourth Industrial Revolution, driving from the progress in new technologies has been profoundly changing the dynamics of most industries. Hence, companies are getting prepared to move from the Third Industrial Revolution to the Fourth Industrial Revolution. The purpose of this research is to define critical success factors in the transition processes to Industry 4.0 projects. It is important for the effectiveness of the transition process to Industry 4.0. In this study, a literature study was conducted to identify the critical success factors in the transition processes of Industry 4.0. and, the survey instrument, a questionnaire form, was designed. The results of this research show that big data management is the most important success factor of Industry 4.0.