Download the VDI status report

Harry Schubert, Davina Spohn | Davina Spohn,

Finding a business model for Industry 4.0

One reason why German companies are hesitant when it comes to Industry 4.0 is the lack of suitable business models. The VDI/VDE Society for Measurement and Automation Technology has come to this conclusion and wants to remedy the situation with a new status report.

© Thomas Ernsting / LAIF

Companies are faced with the challenge of mastering and further developing digital technologies and processes in more than just a purely technological sense. They must also design and implement suitable business models - according to the VDI/VDE Society for Measurement and Automation Technology (VDI/VDE-GMA). These business models could make it possible to turn a technological advantage into an entrepreneurial profit. However, according to the VDI/VDE-GMA, companies often lack an overview of what current and future developments mean for established business models. To support companies in this task, the association has developed the status report "Digital Opportunities and Threats - Business Models for Industry 4.0" under the chairmanship of Prof. Dr. Frank Piller, Professor and Chair of Technology and Innovation Management at RWTHAachen University. Computer&AUTOMATION has made the report available for download in the whitepaper section.

A brief summary of the theses from the status report:

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Fraunhofer study

The path to Industry 4.0 for SMEs

Intelligently networking production and thus increasing profitability - small and medium-sized enterprises often do not know how to approach this goal. The Fraunhofer IPA study 'Industry 4.0: Fields of development for SMEs' aims to provide a remedy.

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