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Author: Namit Gupta Publisher: Allied Publishers ISBN: 939095150X Category : Technology & Engineering Languages : en Pages : 314
Book Description
Industry 5.0 is the successor of the 'Industry 4.0' concept which employed high technology in the manufacturing industry. Industry 5.0 is a new idea that adds a human touch to the work of robots and smart machines. The basic idea of humans and machines working together is to increase efficiency and effectivity, like the 'Internet of things' (loT). It aims to merge the increasing cognitive computing abilities of the robots with the intelligence and resourcefulness of the humans. The progress of Industry 5.0 is inevitable. As the technology grows more each day, we find ways to make our work simpler. The development of such technologies to make the world more efficient requires its manufacturers, i.e., humans who collaborate with these machines and technologies. Humans are indispensable resources, as what a machine can do is limited. And with all these efficiencies we have come so far, there is no path leading us back. With adoption of new concepts comes a paradigm shift as development continues and we move from Industry 4.0 which speaks of the "future of production," its primary purpose continues to be achieving seamless connectivity between machines and IT systems for higher productivity and efficiencies across the value chain. Overall, it focuses mainly on traditional financial and operational KPIs. Whereas Industry 5.0 gives a human touch to the concept of 4.0 keeping in mind the well-being of the environment and society, making the machines and humans work together on a path of 'Green Future'. Industry 5.0 has the balance of both humans and technologies which benefits the ecosystem, with discovery of new energy sources and renewable resources, helping in a sustainable working environment. It can be used to reduce harmful residue caused due to manufacturing processes and recycle rare materials. Taking this theme, the multidisciplinary congress on "Industry 5.0 and Paradigm Shift: Emerging Challenges" will highlight research challenges and open issues that should be further developed to realize Industry 5.0.
Author: Namit Gupta Publisher: Allied Publishers ISBN: 939095150X Category : Technology & Engineering Languages : en Pages : 314
Book Description
Industry 5.0 is the successor of the 'Industry 4.0' concept which employed high technology in the manufacturing industry. Industry 5.0 is a new idea that adds a human touch to the work of robots and smart machines. The basic idea of humans and machines working together is to increase efficiency and effectivity, like the 'Internet of things' (loT). It aims to merge the increasing cognitive computing abilities of the robots with the intelligence and resourcefulness of the humans. The progress of Industry 5.0 is inevitable. As the technology grows more each day, we find ways to make our work simpler. The development of such technologies to make the world more efficient requires its manufacturers, i.e., humans who collaborate with these machines and technologies. Humans are indispensable resources, as what a machine can do is limited. And with all these efficiencies we have come so far, there is no path leading us back. With adoption of new concepts comes a paradigm shift as development continues and we move from Industry 4.0 which speaks of the "future of production," its primary purpose continues to be achieving seamless connectivity between machines and IT systems for higher productivity and efficiencies across the value chain. Overall, it focuses mainly on traditional financial and operational KPIs. Whereas Industry 5.0 gives a human touch to the concept of 4.0 keeping in mind the well-being of the environment and society, making the machines and humans work together on a path of 'Green Future'. Industry 5.0 has the balance of both humans and technologies which benefits the ecosystem, with discovery of new energy sources and renewable resources, helping in a sustainable working environment. It can be used to reduce harmful residue caused due to manufacturing processes and recycle rare materials. Taking this theme, the multidisciplinary congress on "Industry 5.0 and Paradigm Shift: Emerging Challenges" will highlight research challenges and open issues that should be further developed to realize Industry 5.0.
Author: Klaus Schwab Publisher: Crown Currency ISBN: 1524758876 Category : Business & Economics Languages : en Pages : 194
Book Description
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Author: National Academy of Engineering and National Research Council Publisher: National Academies Press ISBN: 0309173000 Category : Science Languages : en Pages : 264
Book Description
Industrial Environmental Performance Metrics is a corporate-focused analysis that brings clarity and practicality to the complex issues of environmental metrics in industry. The book examines the metrics implications to businesses as their responsibilities expand beyond the factory gateâ€"upstream to suppliers and downstream to products and services. It examines implications that arise from greater demand for comparability of metrics among businesses by the investment community and environmental interest groups. The controversy over what sustainable development means for businesses is also addressed. Industrial Environmental Performance Metrics identifies the most useful metrics based on case studies from four industriesâ€"automotive, chemical, electronics, and pulp and paperâ€"and includes specific corporate examples. It contains goals and recommendations for public and private sector players interested in encouraging the broader use of metrics to improve industrial environmental performance and those interested in addressing the tough issues of prioritization, weighting of metrics for meaningful comparability, and the longer term metrics needs presented by sustainable development.
Author: Nitin Bisht Publisher: Springer Nature ISBN: 9819943302 Category : Business & Economics Languages : en Pages : 221
Book Description
This book provides an overview of youth labour force and workforce participation in India and explores the dynamics of changing youth labour market in India. Despite notifying a demographic dividend phase, a significant share of youth witnessed higher exclusion (unemployment and not in employment, education or training) from the Indian labour market. Therefore, this book investigates the role of education in labour market and examines open unemployment. It conceptualizes the not-in-employment-education-or-training (NEET) status of youth in Indian context and explores the heterogeneity of NEET youth by analysing the push and pull role of demographic and socio-economic variables. Furthermore, this book examines the nexus of youth labour market status and economic growth in India to provide plausible recommendations for youth's higher, inclusive and sustained participation in the labour market and the country's development pathway. The book creates room for necessary policy interventions considering the changing dynamics of youth labour market and contemplating the challenges of skill, technology and Industry 4.0., which entails a higher emphasis on ‘re-shape’, ‘re-focus’ and ‘re-share’ for enhanced and sustained inclusion of youth in labour market. It is a necessary resource for students, researchers, policymakers, and industry partners interested in exploring and understanding the political economy of youth labour market in India.
Author: David J Teece Publisher: World Scientific ISBN: 9814492213 Category : Business & Economics Languages : en Pages : 526
Book Description
This book examines the manner in which successful firms develop, transfer, protect, and capture value from technological innovation. In essence, it is about “knowledge management”, which lies at the foundation of firm level competitive advantage in today's global economy. The essays contain some of the fundamental contributions to the field of knowledge management by one of its best-known thinkers; they also constitute an immensely practical guide for those managers who wish to look below the surface of what is going on in Silicon Valley and elsewhere.
Author: Raymond Talinbe Abdulai Publisher: Routledge ISBN: 131764784X Category : Business & Economics Languages : en Pages : 405
Book Description
Real Estate, Construction and Economic Development in Emerging Market Economies examines the relationships between real estate and construction sectors and explores how each sector, and the relationships between them, affect economic development in emerging market economies (EMEs). Throughout the book, the international team of contributors discuss topics as diverse as real estate finance and investment, housing, property development, construction project management, valuation, sustainability and corporate real estate. In doing so the book demonstrates how the relationship between construction and real estate impacts on economic development in countries such as Argentina, Brazil, Colombia, China, Ghana, Nigeria, Turkey, Lithuania, Hungary and Slovenia. Topics include: the role of real estate brokerage in improving the living standards of citizens; the effect of a mineral boom on construction cycles, real estate values and the socio-economic conditions of people in boom towns and cities; corporate real estate management practices and how they affect economic growth; and the synergies between construction and real estate and how they, in turn, affect economic development. This book will be of interest to those studying and researching real estate, construction, development studies, urban economics and emerging market economies.
Author: Pingyu Jiang Publisher: Springer ISBN: 3319729861 Category : Technology & Engineering Languages : en Pages : 312
Book Description
This book introduces social manufacturing, the next generation manufacturing paradigm that covers product life cycle activities that deal with Internet-based organizational and interactive mechanisms under the context of socio-technical systems in the fields of industrial and production engineering. Like its subject, the book's approach is multi-disciplinary, including manufacturing systems, operations management, computational social sciences and information systems applications. It reports on the latest research findings regarding the social manufacturing paradigm, the architecture, configuration and execution of social manufacturing systems and more. Further, it describes the individual technologies enabled by social manufacturing for each topic, supported by case studies. The technologies discussed include manufacturing resource minimalization and their socialized reorganizations, blockchain models in cybersecurity, computing and decision-making, social business relationships and organizational networks, open product design, social sensors and extended cyber-physical systems, and social factory and inter-connections. This book helps engineers and managers in industry to practice social manufacturing, as well as offering a systematic reference resource for researchers in manufacturing. Students also benefit from the detailed discussions of the latest research and technologies that will have been put into practice by the time they graduate.
Author: C. Mitchell Publisher: Springer ISBN: 1137298855 Category : Business & Economics Languages : en Pages : 190
Book Description
Researchers and practitioners explore the effect of evolving global economic and political powers on energy security within the UK and puts forward practical options for moving towards a more energy secure system over both the short and long terms.
Author: Namit Gupta
Author: Namit Gupta
Author: Klaus Schwab
Author: National Academy of Engineering and National Research Council
Author: Yadir Torres
Author: Ajoy K. Ghose
Author: Nitin Bisht
Author: David J Teece
Author: Raymond Talinbe Abdulai
Author: Pingyu Jiang
Author: C. Mitchell