Germany’s 4th Industrial Revolution

Interesting Engineering

Topics: Germany, Smart, Industry 4.0, IoT, Autonomous Systems 

Transcript Excerpt 

Germany is moving towards industry 4.0 to better cut down on costs and increase efficiency. Industry 4.0 is the use of technology, autonomous systems and IoT to come up with data-driven solutions to problems. Factories will now be given data about a product through its lifecycle so that it can be improved on in newer versions. Industry 4.0 encompasses everything from smart factories, supply chains and the use of a product.  Machines can now steer themselves and there will be less of a need for human input. This is done through the use of sensors that track and record data. Data-driven analytics will be used to inform decision-making while also allowing machines to adapt on the fly. This will reduce costs and cut down on the number of mistakes that may occur without this rich data. The goal of advancing to Industry 4.0 is to have people and products communicate together to improve both.   

An important part of this transition is the use of the Internet of Things (IoT). IoT will allow for sensors to pick up data and communicate with each other.  IoT will allow machines to easily communicate on a global scale. A key issue facing the IoT world is the security of these systems. Many of these systems will communicate across large distances and have data that is worth millions of dollars. This has made many industry leaders hesitant to try out the new technology as it is not viewed as secure. This is why one of the most important parts of advancing into industry 4.0 is to ensure IoT is secure.  

The next section of the video is about how Germany is a leading country in research and development in the IoT and industry 4.0 field. They have many partners to ensure that they are attracting top talent. The country has also made many advancements in creating advanced AI to help advance toward industry 4.0.  

Another reason why Germany is advancing towards industry 4.0 is for political reasons. Germany has strong manufacturing, aviation, and maritime industries. With the help of new technology like smart grids or smart factories, they are still able to keep their advantages in these fields. Given how industrialized the country is it only makes sense that they would embrace these new changes to help grow the country’s global influence. 

The final section of the video is about the role GTAI plays in industry 4.0. This sector of the government is the first point of contact for international partners. They predict industry 4.0 will be massive in the country as by 2021 80% of factories will be digitized. By 2020 investments will be worth 40 billion Euros per year. Industry 4.0 will also lead to an 18% increase in efficiency and a 13% cost reduction. Finally, by 2025 the growth potential will be 425 billion Euros.  This is how industry 4.0 will revolutionize manufacturing and other industries.  

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