It takes a great deal of knowledge about the correlation of effects in manufacturing to derive reliable information and concrete measures from the data gained. However, such factories only become truly smart based on a wealth of historic experience. Smart factories are to accelerate manufacturing, detect production errors early and help develop future products more efficiently. To network products with machines and machines with each other, two disciplines have to come together which previously didn’t have a lot to do with each other: mechanical engineering and IT. However, their sheer volume isn’t what makes data valuable yet, as Industry 4.0 shows. Today, the Californians are processing nearly the same data volume – daily, with more than a hundred times as much data being produced around the world. Google in the whole year of 2009 is said to have aggregated a data volume of 24 petabytes. The aggregate of all books that have ever been written is 50 petabytes. A comparison shows how large the data space is – this measuring unit from digital technology has no less than 15 zeros. Over nine billion networked devices produce 2,500 petabytes of data per day. Today, even the smallest computers send their data on journeys around the world. “The costs for transportation and communication will decrease, global logistics and supply chains will work more effectively and costs for trade will shrink – resulting in the emergence of new markets and accelerated growth.”Īcceleration and networking even added momentum to the first industrial revolution (back then due to rail transportation, road and canal construction). Klaus Schwab talks about a “miracle on the supply side” of the market.
Quite to the contrary, technological innovations, in his view, are going to raise efficiency and productivity. The executive chairman of the World Economic Forum in Davos is not alarmed by the increasing pace of transformation. “It is characterized by the fusion of technologies, which means the lines between the physical, the digital and the biological spheres are blurred,” says Klaus Schwab. The fourth industrial revolution has been building on the micro-electronic revolution ever since the mid-1970s.
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Again, we’re in the same shoes as Charlie Chaplin was in his movie “Modern Times.” Again, the ways we produce, work and live are changing and again, the rapid pace of transformation entails insecurity. Today, we’re on the threshold of a new technological age. During the transition from an agricultural to an industrial society the lives of many people fundamentally changed. Progress is a long, steady flow – at least in retrospect, although the mechanical loom triggered a veritable revolution in the 19th century.
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