The Influence of Industry 4.0 Revolution on The Business Process in The Sugar Industry in Asean Countries

Abstract

The primary goal of this article is to inspect the influence of industry 4.0 revolution on the business process in the sugar industry in ASEAN countries. The data were gather from the websites of sugar companies of ASEAN countries and database of World Bank from 2003 to 2019 and fixed effect model is used to check the hypotheses. The findings exposed that the industry 4.0 revolution has positive impact on the business process of the sugar industry in ASEAN countries. These findings provide the guidelines and suggestions to the authorities who prepared the policies that they should prepare the policies that enhance the adoption and positive effects of industry 4.0 revolution on the production and other business processes.