Industry 4.0
Vol. 9 (2024), Issue 6, pg(s) 199-202

TECHNOLOGICAL BASIS OF “INDUSTRY 4.0”

Industry 5.0 and the new competency challenges

  • 1 University of Mining and Geology ―St. Ivan Rilski‖

Abstract

For the last ten years, Industry 4.0 has been available to address the industry’s shortcomings. Therefore, Industry 4.0 has met some challenges and limitations. Consequently, we have entered the era of Society 5.0 and Industry 5.0. Smart factories and robots are driving up business productivity and growth, focusing on sustainability and resilience. This paper analyzes Industry 5.0 and its implementation challenges based on the competence profile of employees. The content and effects of entering Industry 5.0 to align with the competency profile of employees in the Era 5.0 were systematized. Industry 5.0 is transforming paradigms and bringing about resolution, as it shifts the focus away from technology and instead emphasizes the potential for progress through fruitful collaboration between humans and machines. In a business context, the advancements in technology necessitate the implementation of Industry 5.0 to secure competitive advantages and foster economic growth and development. Firstly, we discuss the definition and features of Industry 5.0 from the competency point of view. Secondly, we present two of the most recent and significant competencies—the entrepreneurial and green competencies. The question of their significance and necessity in the context of Industry 5.0 for industrial development on one hand, and for career development on the other hand, is discussed. On this basis, some conclusions and recommendations aimed at business and academia are made. It can also serve as a basis for further research in the field of skill development and workforce transformation in the face of the deep transformation framed by the green and digital economy.

Keywords

References

  1. EC, Industry 5.0 Towards a sustainable, human-centric and resilient European industry. Publications Office of the European Union, Brussels, 2021
  2. Adel, A. Future of industry 5.0 in society: human-centric solutions, challenges and prospective research areas. J Cloud Comp 11, 40, 2022, https://doi.org/10.1186/s13677-022-00314-5
  3. Majumdar, A., Garg, H., Jain, R. Managing the barriers of industry 4.0 adoption and implementation in textile and clothing industry: interpretive structural model and triple helix framework. Computers in Industry, Vol. 125, 2021:103372
  4. Manikandan, S. et al. Industrial Revolution and Metaverse: Industry 5.0. Quing Publications, India, 2023
  5. Zambon, I. et al. Revolution 4.0: industry vs. agriculture in a future development for SMEs. Processes. 2019, 7(1):36
  6. Nguyen, T. et al. Photoluminescent, upconversion luminescent and nonlinear optical metal-organic frameworks: from fundamental photophysics to potential applications. Coordination Chemistry Review, Vol. 377, 2018, p. 259–306
  7. Maddikunta, P. et al. Industry 5.0: A survey on enabling technologies and potential applications. J. Ind. Inf. Integr. 2022, 26, 100257.
  8. Pillai, S. et al. COVID-19 and hospitality 5.0: Redefining hospitality operations. Int. J. Hosp. Manag. 2021, 94, 102869.
  9. Ietto, B. et al. The role of external actors in SMEs’ human-centered industry 4.0 adoption: an empirical perspective on Italian competence centers. IEEE Trans Engineering Management, 2022
  10. Carayannis, E. et al. Known unknowns in an era of technological and viral disruptions—implications for theory, policy, and practice. Journal of the Knowledge Economy, 2021, p. 1–24
  11. Taş, R., Tanrıöver. O. A systematic review of challenges and opportunities of blockchain for E-voting. Symmetry. 12(8), 2020:1328
  12. Zhai, H. Advanced membranes and learning scale required for cost-effective post-combustion carbon capture. Iscience. 2019, 13, p. 440–451
  13. Narvaez Rojas, C. Society 5.0: A Japanese concept for a superintelligent society. Sustainability. 13(12), 2021, 6567
  14. Pathak, A. et al. Fungal bioleaching of metals from refinery spent catalysts: a critical review of current research, challenges, and future directions. //Journal of Environment Management, 80, 2021
  15. Liu, Y., et al. Federated learning for 6G communications: challenges, methods, and future directions. China Communication 17(9), 2020:105–118
  16. Tavares, M. Society 5.0 as a Contribution to the Sustainable Development Report. In ICOTTS 2020: Advances in Tourism, Technology and Systems, Smart Innovation, Systems and Technologies; De Carvalho, J.V., Rocha, Á., Liberato, P., Peña, A., Eds., Volume 208, 2020, Springer: Singapore.
  17. Bacigalupo, M., Kampylis, P., Punie, Y., & Van den Brande, G. (2016). EntreComp: The Entrepreneurship Competence Framework. Publication Office of the European Union, Luxembourg.
  18. Bianchi, G., et al. GreenComp The European sustainability competence framework, EUR 30955 EN, Publications Office of the EU, Luxembourg, 2022, doi:10.2760/13286, JRC128040
  19. Petrova, V. Exploring the Opportunities for Sustainable Management of Critical Raw Materials in the Circular Economy. The Eurasia Proceedings of Science, Technology, Engineering & Mathematics (EPSTEM), 2023, Vol. 26, p. 664-67

Article full text

Download PDF