Leading the way through the digital age.
At the time this article was written, the cryptocurrency market showed major losses and is in a bear market now since 2018. The downfall affected all currencies more or less equally.
Apart from this commonality, the currencies have very different potentials and use cases.
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Today, the term Digital Twin is ubiquitous.
Four years ago, I had my first personal contact with this concept. I attended the VDI conference “Big Data in Manufacturing”, where a General Electrics (GE) manager presented the well-known example of the transformation of GE’s business model in the aircraft turbine market.
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The Digital Transformation is happening at full speed. And it leaves no industry untouched. So is the manufacturing industry.
However we have a different name for the change in this sector: Industrie 4.0.
Visit four doctors, and you’ll come home with five diagnosis.
This saying can be transferred to the term Industry 4.0, where everybody has its own definition.
Back in 2011 when the term Industrie 4.0 was introduced by the german government institution BMBF […]