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Economics
- ISSN: 2155-7950
- Journal of Business and Economics
Industry 4.0: Machine-to-Machine (M2M) Communication
Wolfgang Sattler, Ralph Sonntag, Manuel Sitta, Carsten Frink
(Dresden University of Applied Sciences, Germany)
Abstract: This article shows the changing manufacturing industry including examples. It provides an overview of Industry 4.0, Machine-to-machine communication, the Internet of Things and their disruptive influence on currently established business models.
Key words: smart factory, digital transformation, business models, manufacturing, disruptive innovation
JEL codes: O330
