Industry 4.0 – The impact of the pandemic on the fourth industrial revolution

Industry 4.0 – the intelligent networking of machinery and logistic operations – plays a crucial rule during the ongoing pandemic. However, this development also pressures many companies to overthink their general strategies concerning digital technologies in the future.While some corporations struggle financially and depend on financial aids due to the corona crisis, others experience a huge increase in large orders.Now the question arises, whether the new technological methods were helpful to those companies that were able to increase their annual turnover.According to statistics there are three possible scenarios:Companies hat hadn’t started on their industrial journeys received a wake-up call;Corporations that were still trying to gauge wether it’s worth investing into […]