What is Industry 4.0?
Industry 4.0 is the latest era of the industrial revolution. Here, a multitude of stakeholders in industrial production are connected and interact with each other. These stakeholders are customers, products, production machines, sensors, software systems and also the people involved in product manufacturing. The product is accompanied throughout its entire life cycle. Manufacturing processes, the supply chain and other business processes can be reassessed. An increasing demand for customised products on the part of customers is one of the main reasons for the digital transformation in industry.