The term „Industrial Internet“ (in Germany Industrie 4.0) stands for the fourth industrial revolution, which is currently happening: The fully automated Smart Factory
All factory entities are networked and constantly communicate:
- Intelligent machinery or machine components
- Storage and logistis systems
- Smart components
- and more ...
Intelligent and automated communication contributes to plan and execute process steps with the goal to produce highly individualized products "on demand". Digitization has already progressed relevantly in Automotive, specifically in modern cars; similarly the networking and intelligent control will be reality in many modern factories of all industries.
This requires a relevant changes in production processes and the management of the enterprise, and defines complex challenges to existing corporations.