One of 10 “Future Projects” identified by the German government as part of its High-Tech Strategy 2020 Action Plan, the Industrie 4.0 project represents a major opportunity to establish Europe as an integrated industry lead market and provider.
The world as we know and experience it today has been shaped by three major technological revolutions. The first Industrial Revolution, beginning in Great Britain at the tail end of the 18th century and ending in the mid- 19th century, represented a radical shift away from an agrarian economy to one defined by the introduction of mechanical production methods.
The second period of radical transformation – with the advent of industrial production and the birth of the factory at the start of the 20th century – was no less precipitous; ushering in as it did an age of affordable consumer products for mass consumption. In the late 1960s the use of electronics and IT in industrial processes opened the door to a new age of optimized and automated production. [Read more...]