Industry 5.0: Pioneering Business and Management Transformations

In the rapidly evolving landscape of modern industry, staying ahead of the curve is not merely an advantage; it’s a necessity. The transition from Industry 4.0 to Industry 5.0 represents a quantum leap in the way businesses operate and interact with technology. Industry 4.0 was characterised by the integration of digital technologies, automation, data analytics, and the Internet of Things (IoT) into manufacturing processes. Industry 5.0, also known as ＂human-centred industry＂ or ＂symbiotic industry,＂ represents a shift from pure automation to greater collaboration between humans and machines, emphasising human skills, creativity, and problem-solving alongside advanced technologies.

Industry 5.0: Pioneering Business and Management Transformations aims to provide a comprehensive guide to understanding, preparing for, and thriving in the era of Industry 5.0. Key topics covered include Advanced Automation and AI Integration; Human-machine collaboration; Customisation and Personalisation; Data security and Privacy; Regulatory and Policy changes; and Sustainability and Ethical considerations. The book will appeal to academic researchers; students of business at undergraduate and MBA level; as well as business practitioners.

Aarti Saini is an Associate Professor, Department of Commerce, Shaheed Bhagat Singh College, University of Delhi, India.

Vikas Garg is an Associate Professor at Symbiosis Institute of Business Management, Symbiosis International (Deemed University), Pune, Noida, India.