Industrial Revolution 4.0 Readiness: A SMEs Perspective on Internet of Things (IOT)

• Main Authors: Azmi, Siti Natasya, Radzuan, Kamaruddin
• Format: Article
• Language: English
• Published: Universiti Utara Malaysia 2020
• Subjects: HD28 Management. Industrial Management
• Online Access: http://repo.uum.edu.my/28310/1/STMLGG%2001%2006%202020%2014-15.pdf; http://repo.uum.edu.my/28310/
• Institution: Universiti Utara Malaysia

The readiness of Small and Medium-sized Enterprises (SMEs) toward Internet of Things (IoT) in Industrial Revolution 4.0 is important to ensure sustainability of business. Thus, this study is intended to investigate the level of readiness, barrier and challenges of SMEs towards IoT in IR4.0. This study used qualitative research method approach and used semi structured questions. The data were collected by interviewing two respondents in upper management positions in company X. The result showed that the respondents are already prepared for the IoT towards facing Industrial Revolution 4.0. The company X is already implemented the automation production and all the machine have been installed with sensor. Because of this, it is can reduce the number of workers. However, IoT only reach in the production process of company X and still not fully authorized in management. From the research done, researcher found that company X may be not fully ready in using IoT. This is because, company X facing the problem in data storage, which resulted to the difficulties in implementing the MRP system. They need enough funds to implement the system. In addition, the MRP system still need skilled workers to operate it.