Industry 4.0 and IoT the challenge in Germany

Germany, Europe’s biggest economy is rightly worried that digitisation is a threat to its industrial leadership

The Economist on Nov 21st 2015, reports about Germany “Industry 4.0” and the IoT challenge.

“The rules in many industries, from construction equipment to cars, are changing: making things matters less and knowing things more. In many cases the successful companies will no longer be the ones that make the best products, but the ones that gather the best data and combine them to offer the best digital services. And the biggest winners of all may be those that control a “platform”, a layer of software that combines different kinds of devices, data and services, on top of which other firms can build their own offering”

Read more at Economist

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