How Industry 4.0 Manufacturers are Innovating

Japan is a global leader in terms of robotic advancement and automated systems – but Japanese manufacturers are are now shifting their full attention to Germany’s formulation of Industry 4.0, to learn how German manufacturers are innovating.  Networks and connections of hard and software are playing a great part in smart manufacturing that is changing the mindset of industry players based on real-time information exchange.  Find out how manufacturing superpowers are innovating to cope with this new trend:


Industry 4.0: Germany rethinks manufacturing

Last month, the chief executive officer of one of the country’s largest manufacturers spoke in a closed-door meeting to a group of Japanese executives on his company’s global strategy. Remarkably, he spent 20 percent of his time praising German companies, from traditional heavyweights such as Siemens and Thyssen- Krupp to young up-and-comers such as SAP and Infineon.
http://www.japantimes.co.jp/news/2014/05/10/business/industry-4-0-germany-rethinks-manufacturing/#.U3MPC_mSzTp

Among the industrialised Asian countries, Singapore and South Korea are more prepared than Japan in the global implementation of Industry 4.0 – where industries are more open when it comes to data sharing and decentralization of both information and people.  Unless Japan adapts its traditional practices for interdisciplinary work arrangements on a global scale, it may struggle to keep pace with  “smart” industry progress.

Image Source: Infographic

Insights by: Jürgen Strauss

Jürgen

Jürgen is the chief innovator and founder of Innovabiz who partner with innovative, exceptional business coaches to enable you to acquire more leads and more business by reaching your ideal target prospects with your message, so that you will achieve growth and be able to make a difference to more ideal clients. You can find Jürgen on LinkedIn, as well as on Innovabiz' Twitter, Facebook and Google+ Pages.

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