THE ROLE OF INDUSTRY 4.0 AND DIGITALIZATION IN CONSTRUCTING A SUSTAINABLE ECONOMIC STRUCTURE
This paper examines the critical role of digitalization and the Industry 4.0 paradigm in advancing sustainable economic structures. Industry 4.0, driven by the convergence of cyber-physical systems, the Internet of Things (IoT), artificial intelligence (AI), and big data analytics, represents a transformative framework that enhances industrial efficiency while addressing the imperatives of environmental and economic sustainability. The study highlights the foundational elements of Industry 4.0, evaluates its contributions to sustainable economic development, and explores the challenges and policy considerations that influence its effective implementation. The analysis underscores that digitalization within the Industry 4.0 context is not merely a technological shift but a strategic enabler of resilient, resource-efficient, and environmentally responsible economic systems. Nevertheless, realizing its full potential requires synchronized efforts encompassing technological innovation, adaptive regulatory mechanisms, and continuous workforce development.
Institutions
- Nakhchivan State University (AZ)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-11-20
- DOI
- https://doi.org/10.5281/zenodo.17661611
- Primary Topic
- Impact of AI and Big Data on Business and Society
- Type
- article
- Field-Weighted Citation Impact
- 0.00