Industry 4.0 – the 4th Industrial Revolution or the Intelligent Plant
While in the private sector the introduction of Web 2.0 led to a global connectivity among individuals and the integration of the real and virtual world, we experience a similar movement in the industrial sector, known as Industry 4.0.
Coherent, the real and virtual worlds are also growing closer together in the industry sector.
The center of attention is the intelligent plant, a plant that stands out from all existing plants. Single components are information carriers that communicate with humans as well as machines. Human, machine and components spontaneously connect so data can be saved in dynamic information networks. A comprehensive data exchange among Apps, integrated services and algorithms takes place.
Summarized, Industry 4.0 brings the following benefits:
For German companies, especially for those in the engineering and manufacturing technology sector, Industry 4.0 brings new opportunities, because already established know how can be further advanced on a global scale.
ER GBS understands the analog and digital world alike and brings both together, evolving new business models and services.