Articles and studies
The Corona pandemic is often described as the accelerator of technological change in the automotive industry and in plant and mechanical engineering. The digitalization of companies and the electrification of vehicles are currently advancing at a speed that no one would have thought possible until recently. Data is the new oil and the carbon footprint of the internal combustion engine will probably only be seen by our children - to exaggerate -...
In the seventies, science still believed that the plagues of mankind would soon be defeated (Clinical Infectious Diseases: Fauci, 2001). But we are currently experiencing quite the opposite.
With its high export ratio, the plant and mechanical engineering sector is a flagship of the German economy. The products represent high quality, a high level of innovation and, lastly, a strong customer focus. According to the German Federal Ministry for Economic Affairs and Energy (BMWi), Germany is the world’s third largest producer of machinery, and the industry is dominated by medium-sized enterprises to this day. The main sales markets are...
Many companies are already deploying Industry 4.0 technologies. With Industry 4.0, they are primarily pursuing the objectives of increased productivity, reduced costs, improved quality, and shorter product launch times. New business models still have a minor role to play.