The term Industrie 4.0 (Industry 4.0) was coined under a collaborative initiative of the German Federal Department of Education and Research (BMBF) and the industry, and is used for scientific communications. This describes the industrial utilization of the IoT to create networked, automated factories and value chains beyond the limits of an enterprise. Industrial manufacturing is intertwined with the most advanced information and communication technologies – resulting in the creation of a smart factory.
Industry 4.0 – A Futuristic Project by the German Government …
Industry 4.0 is not just a challenge faced by the industry, it is also the German government’s futuristic project. BMBF (Federal Ministry of Education & Research) and BMWI (Federal Ministry of Economics & Technology) are working out a joint high-tech strategy to address this core social and political task. The aim is to embed Germany as one of the future leaders of the international manufacturing sector.
Accordingly, in 2013 the German business associations BITKOM (digital association), VDMA (mechanical engineering industry association), and ZVEI (electrical & electronics industry association) set up Industry 4.0 – a collaborative platform to develop and implement this futuristic project of high relevance to big corporations and SMEs alike.
Many German enterprises, particularly manufacturers, invest in innovative technologies like automated machines, and use consultants. As the experts in BI and big data analytics at b.telligent, we offer a range of consulting services and implementation recommendations that empower you to join the Industry 4.0 revolution and make your enterprise a success.
Challenges of Industry 4.0 – Opportunities and Risks
Industry 4.0 encompasses a multiplicity of facets that play a critical role and require action. These include R&D, standards/norms, and security. Increasing digitization and industrial networking are giving rise to ever more interfaces between relevant actors – with a growing need for common standards/norms among diverse industrial sectors.
Beyond standardization, data privacy and the security of your enterprise’s in-house networks (security by design) embrace the biggest challenges in implementing Industry 4.0 strategies, because fully networked manufacturing has to be secured against cyberattacks. From a data privacy perspective, the key question is the sensitivity of your data. Are we talking about personal information (privacy by design)? On the other hand, does your strategy involve a private, hybrid, or public cloud solution?