The German furniture industry is talking about an intensive NETWORKING of furniture manufacturing to ensure and advance productivity.
Industry 4.0 - the fourth industrial revolution - is promoted as a medicine for all industrial segments wanting to stay competitive. The alternative being that all production is moving to low labor cost countries, away from Europe and into BRIC countries.
The manufacturing processes have to go through a radical change. The big question is, are the SMEs able to invest in new and advanced technologies, using robots, automation, digitalization and advanced networking?
What are the effects of radical automation and robotization on the labor market? How about data and process security? What will be the price tag for the upcoming investments? How flexible can the Industry 4.0 be made and organized to meet customers' individualized needs and desires?
These questions have been discussed in Hannover before and during the Ligna 2015. The discussion of the fourth industrial revolution continues now at company headquarters around the globe.
How is Finnish manufacturing going to respond?
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