BONN – December 21, 2017

Industry 4.0 – Recognizing and exploiting potential

Perfect preparation for Industry 4.0 – overview, concepts, and practical applications

With a chapter contributed by CBA Lab Board Member Dr. Karsten Schweichhart on “New opportunities for traditional business: Business model architectures for Industry 4.0."

Digitalization is fundamentally changing the nature of industrial production. The Internet of Things, machine-to-machine communication, and networked production systems are impacting virtually every technology sub-sector and every industrial and business sector. This fourth industrial revolution offers a wide range of opportunities – but also harbors numerous risks!

“Industry 4.0 – Recognizing and exploiting potential” (available in German only) is a specialized book that features contributions from well known experts from various industrial sectors. These experts discuss questions relating to the possibilities offered by the far-reaching digital transformation that is now under way. The book describes and analyzes all aspects of this transformation as it relates to industry. Chapters focus not only on the potential offered by Industry 4.0 but also on the specific implementation of Industry 4.0 applications. The book thus provides the interested reader with a practical guide that he or she can use to gain a better understanding of the concept of industrial digitalization, and its implementation.

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