Industry 4.0 (Industrial Internet of Things)
A significant majority of production companies are seeing exceptional opportunities for their sites in Germany thanks to digitalization and automation of manufacturing. Despite this, the motivation and need to take the initial steps in the direction of Industry 4.0 (IIoT) is lacking in many companies. The reason for this hesitation is that their recorded orders already have them working at full capacity and they do not have the specialists and capacity needed to add the required IT infrastructure.
However, experts are warning against delaying too long, because digitalizing and automating manufacturing cannot be accomplished in a single step. Plus, the market is already demanding increased flexibility and transparency in production. All companies should therefore begin considering how they can modify their production systems, such as by changing the order process in their supply chains in a timely manner.
Several production companies are already considering this issue, however only a fraction of them are actually taking action. They are benefiting from an increasing lead and have achieved competitive advantages.
Making Industry 4.0 (IIoT) become reality requires a great deal of thought. A finished Industry 4.0 (IIoT) solution is simply not available on the market, with the exception of several advertising offers.