Investigate the impact of Industry 4.0 (IoT) and cloud computing on automated manufacturing system in the Irish pharmaceutical industry
Authors
Kaippully Velayudhan, Anandhu
Issue Date
2024-05
Degree
MBA in Project Management
Publisher
Dublin Business School
Rights holder
Rights
Abstract
This study investigates the impact of Industry 4.0, focusing on IoT and cloud computing, in the Irish pharmaceutical industry. Its objectives include assessing adoption levels, identifying integration challenges, and proposing enhancement strategies tailored to the sector. Findings from a quantitative research approach involving 77 participants reveal a mean adoption score of 4.0606 for Industry 4.0 technologies, with significant progress noted. Challenges such as technical complexities, regulatory constraints, and organizational resistance are identified, alongside opportunities for real-time monitoring. Enhancement strategies include workforce upskilling, technology collaboration, regulatory advocacy, and change management. The study's sample size ranges between 70-90 professionals, employing SPSS for analysis with an emphasis on descriptive and inferential statistics. Results underscore positive correlations between adoption and proposing strategies, challenges and opportunities, and organizational change. Regression analysis confirms the significant positive effect of proposing strategies on adoption (β = 0.348, p = 0.026), highlighting their influence in facilitating the Irish pharmaceutical industry's transition to Industry 4.0.