Mechanisms for improving the financial stability of industrial enterprises based on Industry 4.0 technologies: possibilities and limitations
Abstract and keywords
Abstract (English):
The article examines the impact of modern digital technologies included in the Industry 4.0 concept on the financial stability of enterprises. Based on the analysis of relevant domestic and foreign scientific research, a number of advantages from the implementation and use of artificial intelligence, the Internet of Things, big data and cloud computing were identified. It was found that these technologies are effective in optimizing production and business processes of the enterprise, have a significant impact on reducing its operating costs and improve the quality of management decisions, which directly contributes to strengthening the financial stability of business entities. Particular attention in the work is paid to various obstacles and limitations on the path of effective digital transformation of industrial enterprises. These may include the high cost of implementing the latest information systems, a shortage of specialists in this area, conservatism of top management and imperfections of the regulatory framework. However, despite these limitations, the strategic and comprehensive implementation of technologies that form the concept of Industry 4.0 is becoming an increasingly necessary factor for increasing the competitiveness and financial stability of enterprises in the context of global uncertainty.

Keywords:
Industry 4.0, digitalization, financial stability, industrial enterprises, digital technologies, artificial intelligence, big data, Internet of Things, cloud computing
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References

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