Finance

Sustainable growth rate

Business

Aerospace engineering

Value (mathematics)

Economic growth

Biology

Macroeconomics

Machine learning

Engineering

Marketing

Philosophy

Manufacturing

Embedded system

Economics

Ecology

Productivity

Industry 4.0

Czech

Production (economics)

Slovak

Computer science

Linguistics

Automotive industry

Sustainability

Industrial organization

Added value

Mathematics

Industry 4.0 integrates smart and connected production systems that are pivotal in predicting and supporting production in real-time, leading to sustainable organizational performance. In manufacturing, it may increase productivity, sustainability, and energy efficiency, while optimizing competitiveness. The main purpose of this paper is to determine the impact of Industry 4.0 on the Slovak economy through a secondary data analysis in the automotive industry, which is the leading sector in the country. The paper aims to provide a comprehensive analysis of the various opportunities that are available in the value-added growth of car exports in Slovakia. It also explores the case study of PSA Group Slovakia, which highlights the importance of the Industry 4.0 concept in boosting the country’s export growth. The paper proposes a series of recommendations and steps to improve Slovakia’s innovation environment.

Industry 4.0 Wireless Networks and Cyber-Physical Smart Manufacturing Systems as Accelerators of Value-Added Growth in Slovak Exports