New Whitepaper on Industry 4.0

Made in Germany – the worldwide recognized seal of origin reflects the production power of Germany. The country has confidently established itself in the world’s top export markets through innovation. However, Germany is more reserved when it comes to implementing Industry 4.0 technologies. 

According to the European Private Business Survey 2019, Germany attaches less importance to digital applications than its European neighbours. Furthermore, German SMEs still have some catching up to do in the digital transformation compared to large companies. In view of the fact that the digital switchover is progressing slowly, there are a number of problem areas where digitization can help.

The new white paper on Industry 4.0 provides a brief insight into the problem areas in industry and shows how the use of Industry 4.0 applications can make the product life cycle more efficient. For example, virtual reality can take design and construction to a higher level, as computer-generated reality eliminates the need to build costly and complex prototypes. Another important factor in a smart, i.e. self-producing, factory is artificial intelligence. It can optimize individual production steps by monitoring production data.