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Transition of SMEs Towards Smart Factories: Business Models and Concepts

In: Implementing Industry 4.0 in SMEs

Author

Listed:
  • Vladimír Modrák

    (Technical University of Kosice)

  • Zuzana Šoltysová

    (Technical University of Kosice)

Abstract

When focusing on business models in the context of Industry 4.0 transformation, it is quite obvious that such models will need to adopt new businesses trends, such as mass customization, platform-based businesses, networking manufacturing or creativity-based businesses, respectively. This chapter aims to analyse implementation success factors of Industry 4.0 especially from business models perspective, and also to address some features of human-centred manufacturing in terms of small- and medium-sized enterprises (SMEs). The motivation of this research is awareness of the importance that just a combination of the selected decisive success factors can significantly help businesses to become more competitive and improving their performance.

Suggested Citation

  • Vladimír Modrák & Zuzana Šoltysová, 2021. "Transition of SMEs Towards Smart Factories: Business Models and Concepts," Springer Books, in: Dominik T. Matt & Vladimír Modrák & Helmut Zsifkovits (ed.), Implementing Industry 4.0 in SMEs, edition 1, chapter 0, pages 265-292, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-70516-9_9
    DOI: 10.1007/978-3-030-70516-9_9
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