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Industry 4.0: Readiness of Turkey

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Even though renowned point of view expresses that Turkey will not be ready for industry 4.0 revolution for at least another century, a country's success on digital transformation progress may not be visible to the ones who aren't informed with factors of the more profound level. Industry 4.0 can be shortly defined integration of digital technologies to different industries to achieve automation and productivity. In order to consider the readiness of something, factors that are beneficial and that acts as obstacles must be determined. In the case of industry 4.0, since it is an excessively broad concept, economical factors such as unemployment, barriers of technology such as insufficient amount of data or experts that can utilize the technology, energy requirements for operating and expand of its use in the society can be taken into the account. While factors are investigated; in order to define the objectives and required levels of these factors are researched, import and export data of 150 countries are extracted and placed into R for world trade network analysis. By calculating the centrality measures for each country and researching correlation ratios between export & import - GDP and export & import - Technology Scores, even more assisting information about a country's state on its digital transformation can be possessed. Later, data related factors is placed into a matrix along with 10 countries which are determined by world trade network's analysis previously. Using the information acquired from world trade network & centrality measures and statuses of each country in the mentioned factors, Readiness of Turkey for industry 4.0 revolution is realized to be lacking on investment values, energy requirements and knowledge of society, on the other hand, Turkey seemed to have an advantage on its human capital with its young population and engineer graduates. To sum up, Turkey may not be as feasible as other countries for digitalization but with accurate actions taken to educate its human capital, there is no objective reason to state Turkey isn't ready for industry 4.0 revolution.

Click to download the report ---> Industry 4.0: Readiness of Turkey

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©2020 by Ufuk Altan | Artificial Intelligence Engineer

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