Assessing Bulgarian SMES’ Maturity for Industry 4.0 Implementing – The Case of “Montana Hydraulics” Ltd Cover Image
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Assessing Bulgarian SMES’ Maturity for Industry 4.0 Implementing – The Case of “Montana Hydraulics” Ltd
Assessing Bulgarian SMES’ Maturity for Industry 4.0 Implementing – The Case of “Montana Hydraulics” Ltd

Author(s): Gabriela Peneva, Ognyan Andreev
Subject(s): Economy, National Economy, Business Economy / Management, ICT Information and Communications Technologies, Socio-Economic Research
Published by: Национално издателство за образование и наука „Аз-буки“
Keywords: Industry 4.0; Maturity Models; SMEs; Readiness for I4.0; ISO/IEC Standards

Summary/Abstract: The publication presents the application of developed in Peneva (2021) “Model for Assessing Bulgarian SMEs’ Readiness for Industry 4.0” in a Bulgarian SME: “Montana Hydraulics” Ltd. In the model, the approach of the series of international standard ISO/IEC 33000 “Information Technology – Process Assessment” is used and adapted. For this purpose, the current state of the SME was analyzed and its maturity was assessed according to 5 Industry 4.0 priority areas selected together with the company’s management. Based on the research, measures are proposed to reach the target maturity and recommendations for investment priorities about these 5 target areas are made.

  • Issue Year: 31/2023
  • Issue No: 3s
  • Page Range: 9-24
  • Page Count: 16
  • Language: English