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Industry 4.0

Turnover rises to 7 billion euros

According to Bitkom, sales of Industry 4.0 solutions will increase by 21% to EUR 5.9 billion in the current year. This means that the German market for hardware, software and IT services for Industry 4.0 is once again experiencing rapid double-digit growth.

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Phoenix Contact

2 billion mark in sight

Phoenix Contact has announced its figures for 2016. According to the figures, the Blomberg-based group of companies was able to increase its turnover by 3.2% last year. This year, the 2 billion euro mark is set to be reached.

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Autonomous driving

Intel takes over Mobileye

In summer 2016, BMW, Intel and Mobileye announced their partnership to bring autonomous driving solutions to production maturity for the mass market by 2021. Intel now wants to acquire its partner Mobileye for 15.3 billion US dollars (around 14 billion euros).

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