Advantages and Barriers of Industry 4.0 Concepts Implementation in Small and Medium Industrial Enterprises

In the context of Industry 4.0, processes in industrial production are radically reorganized, including digitalization. The subject research is digitalization small and medium-sized enterprises. purpose study was to identify current areas implementation 4.0 at SMEs. Based on bibliographic analysis, it revealed need for special technologies SMEs, which will allow transform them into smart factories. advantages limitations manufacturing SMEs highlighted. On basis statistical analysis indices, readiness Russian assessed; constraining factors, implemented digital technologies, prospects entering new markets were identified.