Industry 4.0, the rapid technological revolution driven by newgeneration technologies, has fundamentally transformed the future of
production systems. The integration of manufacturing with state-of-theart ICT linked to logistics processes among different companies is one
key concept behind Industry 4.0. SMEs in APO member countries face
plenty of challenges to stay competitive in global value chains in the age
of Industry 4.0, even though they play major roles in most APO economies.
Therefore, it is imperative for SMEs to move toward digitization and
leverage digital technologies to unlock opportunities for exponential
growth.