Industry 4.0 - Reality and Perception in the Albanian Market

Greta  Angjeli; Nikollaq  Pano; Senada  Lacka

doi:10.36941/ajis-2022-0077

Authors

Greta Angjeli Mediterranean University of Albania, Bulevardi Gjergj Fishta 52, Tirana 1023, Albania
Nikollaq Pano Mediterranean University of Albania, Bulevardi Gjergj Fishta 52, Tirana 1023, Albania
Senada Lacka International University of Struga, Ezerski Lozja 1 MK, Struga 6330, North Macedonia

DOI:

https://doi.org/10.36941/ajis-2022-0077

Keywords:

Digitalization, Industry 4.0, Smart Factory, Robotics, digital platforms

Abstract

Statistics show that the average rate of GDP’ increase in Albania for more than 25 years has been comparable to the average of European countries. Still, is this an increase in the right direction? Albanian businesses are investing in their digitalization. Are there elements of industry 4.0 in the Albanian market? How much are Albanian entrepreneurs affected by the changes that will bring the 4th industrial revolution in the world economy? All these questions essentially lead to the study of a primary matter: how different is the real development of digitalization and elements of industry 4.0 compared to the perception of entrepreneurs and administrators in some of the most developed businesses in the Albanian market. The main purpose of this study is to assess the readiness and maturity of the Albanian businesses related to the digitization of their activity and use of the elements of Industry 4.0.

Received: 23 August 2021 / Accepted: 21 February 2022 / Published: 5 May 2022