Companies are constantly being confronted with new challenges. Platforms are changing the face of traditional markets, new technologies and working methods are resulting in shorter innovation cycles, while climate change and resource scarcity demand solutions that are compatible with a circular economy. In order to remain competitive, it is becoming more and more important for companies to develop competencies such as resilience, responsiveness and adaptability.
Industrie 4.0 marks the onset of the fourth industrial revolution. The factory of the future will be hyperconnected, smart and autonomous. It will also be characterised by high adaptability and optimal resource utilisation. Industrie 4.0 can deliver huge benefits for the productivity and profitability of German manufacturing industry, manufacturing equipment suppliers and enterprise software companies. While collaboration between man and machine will call for greater flexibility and adaptability, it also offers people the prospect of better, more fulfilling jobs.