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Industry 4.0 and Society 5.0: Drivers and Challenges

By: Contributor(s): Publication details: Hyderbad IUP Publications 2022Edition: Vol,18(1), MarchDescription: 40-58pSubject(s): In: IUP journal of information technologySummary: Fourth Industrial Revolution, or industry 4.0 is the future of todays industry while a few countries are working on ways to face the challenges, there are some countries where the awareness associated with it, still not sufficient for adoption.A country like japan, which has implemented the industry 4.0 concept entirely, is now working on the challenges for fifth revolution. Society 5.0 is an inventive concept derived from industry 4.0.It seems similar but the difference is that the forth industrial revolution gives more power to the machine for making decisions.on the other hand, society 5.0primarily uses the same technologies,but the center of the focus is humankind. ensure a more fruitful society. This paper presents the essential drivers and the challenges for industry 4.0 and society 5.0 based on an exhaustive literature review.
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Fourth Industrial Revolution, or industry 4.0 is the future of todays industry while a few countries are working on ways to face the challenges, there are some countries where the awareness associated with it, still not sufficient for adoption.A country like japan, which has implemented the industry 4.0 concept entirely, is now working on the challenges for fifth revolution. Society 5.0 is an inventive concept derived from industry 4.0.It seems similar but the difference is that the forth industrial revolution gives more power to the machine for making decisions.on the other hand, society 5.0primarily uses the same technologies,but the center of the focus is humankind. ensure a more fruitful society. This paper presents the essential drivers and the challenges for industry 4.0 and society 5.0 based on an exhaustive literature review.

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