Description: Web-site reflects activities and deliverables of the project "Boosting the role of HEls in the industrial transformation towards the Industry 4.0 paradigm in Georgia and Ukraine" funded by the European Commission under Erasmus+ programme.
training (23201) industry 4.0 (318) business model (124) higher education reform (2) university and society (1)
The HEIn4 project has been funded within the Erasmus+ Programme of the European Union. The Education, Audiovisual and Culture Executive Agency (EACEA) is responsible for the management of all Erasmus+ actions.
Industrialised world rapidly changes its development paradigm which brought most advanced countries on a brink of new industrial revolution, Industry 4.0, which could boost productivity and value added and stimulate economic growth. EU is among the most prominent leaders in this process.
Industry 4.0 is a term applied to a group of rapid transformations in design, manufacture, operation and service of manufacturing systems and products. Technological transformation and operation excellence (including automation, connectivity, robotisation, industrial internet of things etc.) itself do not constitute 4th industrial revolution. Really revolutionary change requires reconfiguration of enterprise’s business model in order to assign much greater significance to creation of value from generated da