Navigating the digital frontier: Trends, innovation, and challenges in industry 5.0

Title

Navigating the digital frontier: Trends, innovation, and challenges in industry 5.0

Creator

Sukanya R.; Benedict J.

Description

Industry 5.0 is a shift in industrial processes involving robots and AI, enhancing efficiency and customization. International organizations are implementing Industry 5.0, leveraging cognitive virtual minds, AI, additive technologies, and 5G networks. However, Industry 5.0 presents challenges such as job displacement by low adaptability machines and requires substantial investments to transform existing industrial setups. Creative thinking, cybersecurity, and human-machine collaboration are essential for overcoming these challenges. Cyber-Physical system integration, cybersecurity, IoT, AI, and human-machine collaboration are key strategies. Continuous learning, virtual training, and digital twin technology are essential for a skilled workforce. Collaboration is essential for tackling complex digital issues, and organizations must anticipate future trends and prepare for technological breakthroughs. Ethical thinking and responsible AI practices are also crucial. Industry 5.0 is a transformative journey involving advanced technologies into manufacturing processes. 2024, IGI Global. All rights reserved.

Source

Powering Industry 5.0 and Sustainable Development Through Innovation, pp. 113-123.

Date

2024-01-01

Publisher

IGI Global

Coverage

Sukanya R., Christ University, India; Benedict J., Christ University, India

Rights

Restricted Access

Relation

ISBN: 979-836933551-2; 979-836933550-5

Format

Online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.4018/979-8-3693-3550-5.ch008

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85196598958&doi=10.4018%2f979-8-3693-3550-5.ch008&partnerID=40&md5=d5d396bfce4f521d82c12d7f6ed96cbc