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  2. Fourth Industrial Revolution - Wikipedia

    en.wikipedia.org/wiki/Fourth_Industrial_Revolution

    Critics of the concept dismiss Industry 4.0 as a marketing strategy. They suggest that although revolutionary changes are identifiable in distinct sectors, there is no systemic change so far. In addition, the pace of recognition of Industry 4.0 and policy transition varies across countries; the definition of Industry 4.0 is not harmonised.

  3. Nondestructive Evaluation 4.0 - Wikipedia

    en.wikipedia.org/wiki/Nondestructive_Evaluation_4.0

    This is a valuable data source for Industry 4.0 to continuously improve the product design in the “NDE for Industry 4.0” process. [ 10 ] [ 18 ] Third, immersive training experiences, remote operation, intelligence augmentation, and data automation can enhance the NDE value proposition in terms of inspector safety and human performance in ...

  4. Value chain - Wikipedia

    en.wikipedia.org/wiki/Value_chain

    An industry value-chain is a physical representation of the various processes involved in producing goods (and services), starting with raw materials and ending with the delivered product (also known as the supply chain). It is based on the notion of value-added at the link (read: stage of production) level.

  5. Business capability model - Wikipedia

    en.wikipedia.org/wiki/Business_capability_model

    Business capability models are structured in a hierarchical manner, i.e. each higher-level business capability includes multiple constituting lower-level capabilities. They can have several nested levels of depth and granularity, typically from two to four distinct abstraction levels depending on the size, complexity and experience of an ...

  6. Work 4.0 - Wikipedia

    en.wikipedia.org/wiki/Work_4.0

    Conceptually, Work 4.0 reflects the current fourth phase of work relations, having been preceded by the birth of industrial society and the first workers' organizations in the late 18th century (Work 1.0), the beginning of mass production and of the welfare state in the late 19th century (Work 2.0), and the advent of globalization, digitalization and the transformation of the social market ...

  7. Dynamic Business Modeling - Wikipedia

    en.wikipedia.org/wiki/Dynamic_Business_Modeling

    Business strategy drives selection of business models. These business models drive the design of underlying processes and services. Business Analysis is critical: Any number of models can address a strategic imperative. But the best models, services and processes will exploit existing business capabilities (human, IT and physical), the areas where change is possible and the areas where invest

  8. Techno-economic assessment - Wikipedia

    en.wikipedia.org/wiki/Techno-economic_assessment

    Techno-economic assessment or techno-economic analysis (abbreviated TEA) is a method of analyzing the economic performance of an industrial process, product, or service. The methodology originates from earlier work on combining technical, economic and risk assessments for chemical production processes. [ 1 ]

  9. Business model - Wikipedia

    en.wikipedia.org/wiki/Business_model

    The following examples provide an overview for various business model types that have been in discussion since the invention of term business model: Bricks and clicks business model Business model by which a company integrates both offline and online presences. One example of the bricks-and-clicks model is when a chain of stores allows the user ...