THE SINGAPORE SMART INDUSTRY READINESS INDEX

  • Дмитрий Георгиевич Маслов Penza state university
  • Олеся Николаевна Сафонова Analytical center under the Government of the Russian Federation
Keywords: digital technologies; Industry 4.0.; Smart Industry Readiness Index; Singapore industry

Abstract

Manufacturing is on the brink of a new age – arising from the convergence of the physical and digital worlds. This new paradigm, commonly referred to as Industry 4.0, has the power to transform how products are created, how supply chains are managed, and how value chains are defined. For companies around the world, Industry 4.0 presents an opportunity to gain new competitive advantage through greater productivity, agility, and speed. For Singapore in particular, Industry 4.0 creates a window of opportunity to cement its role as a global manufacturing hub and to transform its manufacturing base

Published
2019-03-31
How to Cite
Маслов, Д., & Сафонова, О. (2019). THE SINGAPORE SMART INDUSTRY READINESS INDEX. Fortus: Economic&Political Researches, (1). Retrieved from https://fortus-science.ru/index.php/fs/article/view/137
Section
Innovative economic development