The current study outlines the key challenges and
opportunities for the manufacturing sector of Cyprus, in
relation to the digital transformation of the sector, and its
readiness to move into the so called Fourth Industrial
Revolution, otherwise referred to as Industry 4.0.
Around the world, traditional manufacturing industry is in the
throes of a digital transformation that is accelerated by
exponentially growing technologies (e.g. intelligent robots,
autonomous drones, sensors, 3D printing). Enterprises at
organizational and operational level, need to adapt to this
rapid change, if they are not to be left behind
by developments in their sector and by their competitors.
This study investigates the extent to which Cypriot
manufacturing companies have already positioned themselves in
relation to this digital transformation and the opportunities
offered to them by utilising Industry 4.0 processes.
