When I got the current edition of the Handelsblatt opened, I saw the headline: “Deutsche Bank: Digital factory with 400 experts starts 2016 in Frankfurt”. At that moment, my first thoughts that crossed my mind were: What actually is a digital factory? The article itself provided the first approaches: the bank’s own research and development as well as investments of 750 million euros for digitization in private and corporate customer business by 2020. Digital factory = digital factory? At first I investigated whether there was a connection between these terms and actually couldn’t come up with a common denominator. A digital factory is: Generic term for a comprehensive network of digital models and methods, including simulation and 3D visualization. Its purpose is the holistic planning, implementation, control and continuous improvement of all essential factory processes and resources in connection with the product (Wikipedia). In the interests of the Deutsche Bank,…

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