Vol.7, No.3, August 2018.                                                                                                                                                                             ISSN: 2217-8309

                                                                                                                                                                                                                eISSN: 2217-8333


TEM Journal



Association for Information Communication Technology Education and Science

Concept of SME Business Model for Industry 4.0 Environment


Leos Safar, Jakub Sopko, Slavomir Bednar, Robert Poklemba


© 2018 Slavomir Bednar, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)


Citation Information: TEM Journal. Volume 7, Issue 3, Pages 626-637, ISSN 2217-8309, DOI: 10.18421/TEM73-20, August 2018.


Received: 21 March 2018
Accepted: 15 August 2018
Published: 27 August 2018




Ongoing technological development pushes industry towards the so called fourth industrial revolution. Considering new technology as a determinant of future business environment, we find it necessary to examine how platforms such as Industry 4.0 will change enterprises organization and business models. Designed model should serve as guidance for new and also already existing enterprises for implementing of Industry 4.0 required attributes especially in early stage. Main emphasis is given on software and cloud solutions that will become necessary despite the fact that in recent industrial SMEs they do not play significant role. Such transformation will raise crucial questions about funding new technologies.


Keywords –Industry 4.0, SME, IoT, Business Model, Mass customization.



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