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Industry 4.0: Nothing Is More Steady Than Change

Industry 4.0: Nothing Is More Steady Than Change
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Author(s): Torsten Zimmermann (NUCIDA GmbH, Germany)
Copyright: 2018
Pages: 26
Source title: Smart Grid Analytics for Sustainability and Urbanization
Source Author(s)/Editor(s): Zbigniew H. Gontar (SGH Warsaw School of Economics, Poland)
DOI: 10.4018/978-1-5225-3996-4.ch001

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Abstract

The term Industry 4.0 was born in the research group of the German federal government as well as in a project of the same name from the high-tech strategy of the federal government. It is meant to describe the interlacing of industrial production with modern information and communication technology. A key success factor and a major difference to computer-integrated manufacturing (according to Industry 3.0) is the use of internet technologies for communication between people, machines, and products. Cyber-physical systems and the internet of things (IoT) form the technological basis. The objectives are essentially the classic goals of the manufacturing industry, such as quality, cost and time efficiency, as well as resource efficiency, flexibility, convergence, and robustness (or resilience) in volatile markets. Industry 4.0 is one of the core themes of the federal government's digital agenda.

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