![]() We then conclude by reflecting on these drivers that Industry 4.0 holds a huge potential for business models to become renewed, improved, changed and novel. The research question we pose thus is a general one: What is the nature of the evidence for Business model innovation in the context of Industry 4.0? The main impacts of Industry 4.0 on 1) industry, 2) products and services, 3) economy, 4) work environment and 5) skills development were mapped. A scoping review was conducted to explore current research at the intersect of the Business model and Industry 4.0 research domains. ![]() The aim of this article was to explore current literature regarding Industry 4.0 when considered from a business model perspective. Industry 4.0 sets the scene for business model innovation (BMI). The term Industry 4.0 is associated with terms such as Cyber-Physical Systems (CPS), Internet of Things (IoT), Internet of Services (IoS), Robotics, Big Data, Cloud Manufacturing and Augmented Reality and will narrow the gap between the physical and the digital world.
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