Industry 4.0: Adoption challenges and benefits for SMEs

Future industrial systems have been popularised in recent years through buzzwords such as Industry 4.0, the Internet of Things (IoT), and Cyber Physical Systems (CPS). Whilst the technologies of Industry 4.0 and likes have many conceivable benefits to manufacturing, the majority of these technologies are developed for, or by, large firms. Much of the contemporary work is therefore disconnected from the needs of small and medium-sized enterprises...