Changing Competitive Business Dynamics Through Sustainable Big Data Analysis

An Investigation of Industry 4.0 with Client Value Added in the Business Industry

Author(s): Ravi Kumar Gupta*, Udit Maheshwari, Ashutosh Priya and Debendra Nath Das

Pp: 106-117 (12)

DOI: 10.2174/9789815256659124060011

* (Excluding Mailing and Handling)

Abstract

Industry 4.0 has transformed the way businesses operate and deliver value to their clients. This research aims to investigate the influence of Industry 4.0 on client value added. The study reviews the literature on Industry 4.0 and client value added and conducts a survey to gather data from companies that have acquired technologies of Industry 4.0. The findings of the study suggest that Industry 4.0 has a remarkable and positive influence on client value added. The adoption of Industry 4.0 technologies results in improved efficiency, enhanced quality, increased customization, and greater customer engagement, all of which contribute to a better client experience and increased client value added. The paper concludes by highlighting the importance of Industry 4.0 for businesses seeking to improve their client value added and remain competitive in the marketplace.

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