Industry 4.0 is a critical theme today. Step by step, the changes that it envisages are becoming a reality and the debate surrounding Industry 4.0 presents an opportunity to re-evaluate the needs of the market and to develop new business models on this basis.
In this context, it is clear that simply developing and marketing individual components designed with Industry 4.0 in mind will not suffice. The basic foundation must also be in place. The key concepts here are the wish for bespoke yet cost-effective products as well as efficient handling of small order quantities starting from batch sizes of 1, with short delivery times. This requires maximum flexibility both from the production facilities and in the supply of materials and, of course, on the part of employees.
As a result, every company is facing its own fourth industrial revolution that it must overcome by itself in order to be fit for the future.