Problems and prospects of the development of industry 4.0 in Ukraine under the conditions of European integration

Experts considered the concept of the essence of "Industry 4.0" under European integration conditions. The problems, prospects, threats, and possibilities of processes of formation and further development of Industry 4.0 in Ukraine under the conditions of European integration are studied. The structure of approaches to the global interpretation of the "Industry 4.0" concept is given. The main area of the latest achievements is closely related to information, communication, technical means, technologies, etc. They are the driving forces in the economy in the 21st century. It should be stated that information and communication tools and technologies have fundamentally changed, are changing, and are predicted to change almost everything. This applies both directly to business processes and to everyday life. Fundamental changes affect the methods of collecting, transmitting, analyzing, evaluating, storing, and managing information. The expediency of the transition of the Ukrainian economy to Industry 4.0 is determined by the following main drivers, which will indicate the possibility of integrating and improving the management systems of horizontal and vertical value chains, the introduction of digital technologies, the interconnection of goods and services (the so-called Internet of things (services), the introduction of the latest digital business models that will offer significant added value for consumers based on the development of individual solutions. The key indicators of the introduction and development of Industry 4.0 in Ukraine were analyzed. The potential opportunities of Ukraine to acquire the status of a regional (Eastern European) leader in the spheres of complex, knowledge-intensive engineering services under the conditions of European integration have been studied.