industry 4.0

Industry 4.0

“Industry 4.0” refers to the fourth industrial revolution. After mechanization (Industry 1.0), mass production (Industry 2.0), and automation (Industry 3.0), now the “internet of things and services’’ is becoming an integral part of manufacturing. Industry 4.0 technologies have the potential to create extraordinary growth opportunities and competitive advantages for Germany as a business location. Experts …

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