Smart Factories : South Korean and Swedish examples on manufacturing settings

What constitutes a company's capabilities to develop a Smart Factory? South Korean and Swedish perspectives are here illustrated by company examples of smart factory solutions and related strategic aspects of their digitalization. It is concluded that the "smart-factory-capability" of a manufacturing company is integrated with its corporate production systems and includes perspectives on application areas, value adding processes as well as enabling technologies. It is furthermore challenged by the transformational inabilities of legacy systems. By its concrete examples is use and financial benefits, the paper contributes to the definition of the smart factory and its corresponding development scheme.