The effect of industry 4.0 on organizationalperformance of small medium enterprises inpakistan
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Abstract (EN)
This paper aimed to evaluate how the fundamental technologies of Industry 4.0 (3Dimensional printing, cloud computing, IoT, robotics and big data analysis might affect small medium enterprises operational performance in Pakistan. The study particularly looked at Pakistan's small medium enterprises and focused especially on lower-level workers with Industry 4.0 technology knowledge as well as high-ranking officials including managers at several levels. A matrix type survey form was used to get the outcomes. Using a five-point Likert scale, the poll asked respondents to score "strongly agree" through "strongly disagree". Data analysis was done with IBM SPSS Statistics. The research results revealed a notable correlation between the operational effectiveness of Pakistan's small medium enterprises and the five main elements of Industry 4.0. Moreover, the findings illustrate that innovative elements of I4.0 which include 3Dimensional printing, cloud computing, IoT, robotics and big data analysis have the ability to address issues facing Pakistan's small medium enterprises including low profits, rising costs, and disorganized operations. By examining and evaluating the five main elements of Industry 4.0 that have a considerable influence on the service sector, particularly the SME's, especially in major emerging markets (BEM) economies, such Pakistan, this study enlarged the present theoretical understanding.
Author
Muhammad Ibrahım Qureshı
Institution
How to Cite
Muhammad Ibrahım Qureshı (Master Thesis). The effect of industry 4.0 on organizationalperformance of small medium enterprises inpakistan, 2024, Beykoz University.
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