Technological Trends for Industry 4.0
Industry 4.0 promises the industry attractive opportunities to use new capabilities for networking, information transparency, technical assistance and decentralized decisions. It should not, however, be an end in itself for the companies. Instead, it must be closely tied to clear economic objectives and potential. Industry 4.0 offers industrial companies the opportunity to increase efficiency, boost turnover with new business models and product innovation and increase production flexibility. This provides the opportunity for better differentiation in global competition.
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