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Article

Embracing Industry 4.0: Empirical Insights from Malaysia

1
Faculty of Economics and Management, Universiti Kebangsaan Malaysia (The National University of Malaysia), UKM Bangi, Selangor 43600, Malaysia
2
UKM Graduate School of Business, Universiti Kebangsaan Malaysia (The National University of Malaysia), UKM Bangi, Selangor 43600, Malaysia
3
Faculty of Applied and Human Sciences, Universiti Malaysia Perlis, Kangar, Perlis 01000, Malaysia
*
Author to whom correspondence should be addressed.
Academic Editors: Luca Romeo, Marina Paolanti, Emanuele Frontoni and Tapio A. Heikkilä
Received: 24 March 2021 / Revised: 17 April 2021 / Accepted: 20 April 2021 / Published: 22 April 2021
Industry 4.0 revolution, with its cutting-edge technologies, is an enabler for businesses, particularly in reducing the cost and improving the productivity. However, a large number of organizations are still too in their infancy to leverage the true potential of Industry 4.0 and its technologies. This paper takes a quantitative approach to reveal key insights from the companies that have implemented Industry 4.0 technologies. For this purpose, 238 technology companies in Malaysia were studied through a survey questionnaire. As technology companies are usually the first in line to adopt new technologies, they can be studied better as leaders in adopting the latest technologies. The findings of this descriptive study surfaced an array of insights in terms of Industry 4.0 readiness, Industry 4.0 technologies, leadership, strategy, and innovation. This research paper contributes by providing 10 key empirical insights on Industry 4.0 that can be utilized by managers to pace up their efforts towards digital transformation, and can help the policymakers in drafting the right policy to drive the digital revolution. View Full-Text
Keywords: Industry 4.0; Industry 4.0 readiness; Industry 4.0 technologies; fourth industrial revolution; leadership; strategy; innovation Industry 4.0; Industry 4.0 readiness; Industry 4.0 technologies; fourth industrial revolution; leadership; strategy; innovation
MDPI and ACS Style

Soomro, M.A.; Hizam-Hanafiah, M.; Abdullah, N.L.; Ali, M.H.; Jusoh, M.S. Embracing Industry 4.0: Empirical Insights from Malaysia. Informatics 2021, 8, 30. https://0-doi-org.brum.beds.ac.uk/10.3390/informatics8020030

AMA Style

Soomro MA, Hizam-Hanafiah M, Abdullah NL, Ali MH, Jusoh MS. Embracing Industry 4.0: Empirical Insights from Malaysia. Informatics. 2021; 8(2):30. https://0-doi-org.brum.beds.ac.uk/10.3390/informatics8020030

Chicago/Turabian Style

Soomro, Mansoor A.; Hizam-Hanafiah, Mohd; Abdullah, Nor L.; Ali, Mohd H.; Jusoh, Muhammad S. 2021. "Embracing Industry 4.0: Empirical Insights from Malaysia" Informatics 8, no. 2: 30. https://0-doi-org.brum.beds.ac.uk/10.3390/informatics8020030

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