Industry 4.0 offers huge opportunities to companies in the automotive industry in Europe. The fourth industrial revolution will allow diverse quantitative and qualitative improvements to be achieved both now and in the future.
This not only includes increased efficiency, but also reducing redundancies, minimising quality losses, increasing flexibility and standardising processes as well as focussing on core areas of the internal value chain. A great deal can also be simplified and improved in planning and management in production. In addition, companies looking to improve customer satisfaction, greater flexibility and a shorter time to market will focus on both the vertical as well as the horizontal value chain.
Industry 4.0 will help car makers achieve an efficient production process with greater production, energy and resource efficiency.