Industry 4.0 Archive - agile Companies

Internet of Things 21. March 2021

Risks and disadvantages of Industry 4.0

The term Industry 4.0 is on everyone’s lips. So shows one Telekom survey that among more than 500 executives almost 70% know and follow the term. 22% (of the 70%) thought they were following it intensively and 35% on the edge. However, if you look at the current situation in medium-sized companies, it shows Study by the Nuremberg Chamber of Industry and Commerce that German companies are following Industry 4.0 but are still waiting and waiting for it to be implemented. More than 70% of the 350 SMEs surveyed describe themselves as waiting or stated that they have not yet implemented any Industry 4.0 scenarios. Only 13% stated that they are currently starting their first attempts and 16.5% that they see themselves as pioneers. So it seems that the disadvantages of Industry 4.0 are deterring entrepreneurs. In addition to the many positive ones, there are of course also disadvantages of…

Internet of Things 21. March 2021

Advantages of Industry 4.0 – more than just a marketing term?

“Industry 4.0 is a marketing term that is also used in science communication and stands for a” future project “by the German Federal Government” ( Gabler Lexicon ). This so-called fourth industrial revolution does not yet seem to be comprehensively understood. This is why German companies are currently still reluctant. That’s what she says Bitkom study : “Industry 4.0 has reached the economy, but companies are still reluctant to invest in innovative digital technologies for networked production and products.” For this reason, possible advantages of Industry 4.0 are to be highlighted and argued in this article. On the basis of these, the considerations about Industry 4.0 can be further cited. Now I will show you a few selected advantages of Industry 4.0. Reading tip: What is Industry 4.0 Transparency and communication The various interfaces and reports as well as the real-time notifications through, among other things, RFID chips, can create…

Internet of Things 21. March 2021

What is Industry 4.0 – definition

The current understanding of Industry 4.0 encompasses more than the vision of a fully automated and technology-oriented development in German industry. The so-called fourth industrial revolution is characterized by the increasing networking of people, materials and machines.This guiding vision undoubtedly creates complexity, because Industry 4.0 is more than just working with an Internet connection. It should change the world of work at a rapid and unstoppable speed. Digitization in the context of Industry 4.0 shows that organizations are changing and work is becoming faster and more virtual.But what does that mean in concrete terms? What is Industry 4.0? This article is intended to collect definitions and at the end give an overview of what Industry 4.0 could mean and possible concrete examples of what Industry 4.0 is and what is not. What is Industry 4.0 There are numerous definitions of Industry 4.0 and I also ask myself: What is Industry…

Internet of Things 21. March 2021

What is Industry 4.0 – definition

The current understanding of Industry 4.0 encompasses more than the vision of a fully automated and technology-oriented development in German industry. The so-called fourth industrial revolution is characterized by the increasing networking of people, materials and machines. This guiding vision undoubtedly creates complexity, because Industry 4.0 is more than just working with an Internet connection. It should change the world of work at a rapid and unstoppable speed. Digitization in the context of Industry 4.0 shows that organizations are changing and work is becoming faster and more virtual. But what does that mean in concrete terms? What is Industry 4.0? This article is intended to collect definitions and at the end give an overview of what Industry 4.0 could mean and possible concrete examples of what Industry 4.0 is and what is not. What is Industry 4.0 There are numerous definitions of Industry 4.0 and I also ask myself: What…

Digital leadership 21. March 2021

What does 4.0 mean as an ending – attempted explanation

Digitization is on everyone’s lips and does one thing above all: It produces many collective terms or also called buzzwords. These often have one thing in common, namely the ending 4.0. I have been asked a lot lately what this 4.0 actually means and whether there is also a 3.0, because I also use many terms in the blog with the ending 4.0 in the blog, such as Work 4.0 Consulting 4.0 Leadership 4.0 Industry 4.0 Medium-sized companies 4.0 I have explained all of these terms individually and do not want to go into any further detail. However, I would like to take a closer look at the ending 4.0 and provide an attempt to explain it. What does 4.0 mean – an attempt to explain The viernull-Magazin.de says: “Web 2.0” seems to be the mother of all “x.0 combinations”. This is especially true for trends that have to do…

Agile departments 21. March 2021

Agile production in Industry 4.0

Production is “the process of the targeted combination of production factors (input) and their transformation into products (products, output)” (Gabler Wirtschaftslexikon). So far, so good – but how do you turn standardized production into agile production? Ultimately, increasing market volatility and growing uncertainty force manufacturing companies to steadily assimilate their own production concepts to changing conditions. Industry 4.0 is intended to represent the fourth industrial revolution: Smart, digitally networked systems ensure automated production. But it’s not just cyber-physical systems which “upgrade” the still largely existing Industry 3.0. AGILE production and new business models Kaufmann (2015, p. 12) shows an initial trend with regard to agile models: The focus with this approach is not exclusively on intelligently communicating machines, but on a fundamental adaptation or even realignment of the (existing) business models. Above all, adapted products and shorter delivery times are taking a step towards agility. The main focus is on…