CURRENT TRENDS AND STRATEGIC RISKS IN THE IMPLEMENTATION OF INDUSTRY 4.0 AND INDUSTRY 5.0 TECHNOLOGIES
Abstract
The article is devoted to the analysis of the features of the implementation of Industry 4.0 and Industry 5.0 technologies, as well as the formation of a system of strategic risks of enterprises during the implementation of digitization projects. The influence of digital technologies is increasingly felt in all sectors of the economy, including those that are basic to the economy of Ukraine: metallurgy, oil and gas, energy, agro-industrial complex. This is what determined the relevance of the research topic. Despite significant achievements and the number of scientific publications on the implementation of digital technologies, a number of issues require constant attention and updating. Such issues include the actualization of risks that enterprises face due to the introduction of digital technologies. The purpose of the article is to analyze the peculiarities of the implementation of the concept of Industry 5.0 and to determine the classes of strategic risks for enterprises when implementing digital technologies. Research methods are analysis and synthesis. The features of Industry 4.0 and Industry 5.0 are analyzed, and their development and variability factors are indicated. Attention is drawn to hybrid threats and the response to them. It was noted that the principles of 5.0 are already relevant for Ukraine during the state of war and post-war recovery, because they will allow to direct efforts in the three most important directions: orientation to people, sustainability in the economy and ecological recovery. It is noted that Industry 4.0 and Industry 5.0 will not be able to use their full potential until all the risks of their implementation are well understood and clearly assessed. The authors proposed approach to systematization of strategic risks and described eight classes of such risks: technological risks, competitive risks, operational risks, stakeholder relations risks, financial risks, human resources risks, brand risks, risks of hybrid threats. The specifics of each class of risks during the implementation of digitization projects are highlighted. The proposed system of strategic risks will allow enterprises to further model the implementation of digitization projects and assess current risks. On the basis of the created model, the enterprise will be able to build a risk management system, including hybrid threats and cyber threats.
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