Industry 4.0 - Opportunities and Challenges of the Industrial Internet

Publisher
PWC
Year
2014
Language
English
Pages
52
File Size
1 MB
File Format
PDF

Abstract

The industrial sector has seen a fourth industrial revolution, characterized by the increasing digitization and interconnection of products, value chains and business models. Our study, Industry 4.0 – Opportunities and Challenges of the Industrial Internet, is based on a survey of 235 German industrial companies that was conducted by the market research institution TNS Emnid. It outlines the essential attributes, opportunities and challenges posed by this development. The companies surveyed belong to the manufacturing and engineering, automotive and process industries, as well as the electronics and electrical systems and information and communications industries.

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