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.