Domingo

Hayati

CC BY

In recent years, the industrial environment has been changing radically due to the introduction of concepts and technologies based on the fourth industrial revolution, also known as Industry 4.0. After the introduction of Industry 4.0 in large enterprises, SMEs have moved into the focus, as they are the backbone of many economies. Small organizations are increasingly proactive in improving their operational processes, which is a good starting point for introducing the new concepts of Industry 4.0. The readiness of SME-adapted Industry 4.0 concepts and the organizational capability of SMEs to meet this challenge exist only in some areas. This reveals the need for further research and action plans for preparing SMEs in a technical and organizational direction. Therefore, special research and investigations are needed for the implementation of Industry 4.0 technologies and concepts in SMEs. SMEs will only achieve Industry 4.0 by following SME-customized implementation strategies and approaches and realizing SME-adapted concepts and technological solutions. Thus, this Special Issue represents a collection of theoretical models as well as practical case studies related to the introduction of Industry 4.0 concepts in small- and medium-sized enterprises.

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The Changing Face of Risk in the Financial Sector Risk management has always been at the core of the Banking, Financial Services, and Insurance (BFSI) industry. From loan defaults to fraud detection and market volatility, institutions constantly navigate uncertainty. Traditionally, risk management relied heavily on human expertise, manual analysis, and historical data. But in today’s hyperconnected world - where billions of transactions occur every second traditional methods fall short. th....

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