Perspectives for the Strategy Industry 4.0

The paper reviews the implementation of the Republic of Bulgaria on the Concept for Digital Transformation of Bulgarian Industry (Industry 4.0) as a basis for developing a Strategy for Bulgaria's participation in the Fourth Industrial Revolution. It was adopted on the basis of the two-year draft Concept 4.0 adopted by the EC. The adoption of the Concept in the Bulgarian economy will create conditions for the development of modern industrial production through the integration of intelligent production systems and processes. The paper synthesizes on the basis of the analysis some risks to the Bulgarian economy, as well as the possible effects of it as a result of the application of Concept 4.0 in our country. The prerequisites of the future Concept 5.0. The paper also makes some conclusions and recommendations for improving the activities regarding the overall digitalization of the Bulgarian industry. The most important of them are: raising the education in information technology to a higher level of all employees in the industry - from the worker to the IT expert; creation of development units in larger companies; establishment of centers for technology transfer in innovative companies, etc.