1. New business models in the Fourth Industrial Revolution
SUMMARY: 1. Introduction. – 2. Strategic innovation as a factor in new business models. – 2.1. The Fourth Industrial Revolution: Industry 4.0. – 3. The impact of new technologies on production. – 3.1. The impact of new technologies on internal logistics. – 3.2. The impact of new technologies on external logistics and after-sales services. – 4. The impact of Industry 4.0 on business models.
1. Introduction
The Fourth Industrial Revolution, also known as Industry 4.0, is concerned with the incorporation of new technologies into the industrial environment. Industry 4.0 reduces the importance of economies of scale; the strategic positioning of a company within the value chain, rather ...
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