THE EFFECTS OF CURRENT TRENDS ON THE DEVELOPMENT FACTORS OF INDUSTRY 4.0 AND FACTORIES OF THE FUTURE (FOF)




Abstract:
This paper gives a literature overview and states the effects of current economic trends on the development factors of Industry 4.0 and Factories of the Future (FoF). The application of new technology based on cyber-physical systems and the Internet leads to significant improvements such as increase of automation and shorter period between the development of a new product and its market launch.

CITATION:

IEEE format

D. Vuksanović, J. Vešić, D. Cvetković, “The Effects of Current Trends on the Development Factors of Industry 4.0 and Factories of The Future (FOF),” in Sinteza 2017 - International Scientific Conference on Information Technology and Data Related Research, Belgrade, Singidunum University, Serbia, 2017, pp. 320-326. doi: 10.15308/Sinteza-2017-320-326 

APA format

Vuksanović, D., Vešić, J., Cvetković, D. (2017). The Effects of Current Trends on the Development Factors of Industry 4.0 and Factories of The Future (FOF). Paper presented at Sinteza 2017 - International Scientific Conference on Information Technology and Data Related Research. doi:10.15308/Sinteza-2017-320-326

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