The folks over at IDG Connect have a good overview of what the German Government calls “Industry 4.0” but many of us just think of as a branch of the Internet of Things. The blog post by Andy Roxburgh, the Vice-President of Systems and Service in Schneider Electric’s Industry Business, predicts that automation and intelligent machinery will lead to a transition from human-intensive low wage manufacturing to machine centric “smart” manufacturing that lowers costs by taking humans out of the equation and using automation to create faster, more effective and nimble manufacturing processes. “Manufacturers need to prepare for a world where value is re-defined,” Roxburgh says. “Winning companies will be those who automate their operations and use data to create the smartest processes.” No surprise: security is one major obstacle on the road to Industry 4.0 (as we’ve written before). “Universally connected devices, more data, and a boom of cloud-based technology means manufacturers and users have more […]