Looking at the current numbers and statistics, many companies are still on a good run. Nevertheless, conflicts and difficulties arising in the global context have an increasing impact on the performance of the export-oriented industry – both corporations and the small and medium enterprises, well known as the backbone of the German economy. In addition to that, Germany itself will face some important changes in the near future, as the Volkswagen scandal brought the spotlight on some underlying problems in German industry.
Looking at the internal organisation of German Industry, one topic in 2015 stands out: After a few years of a cautious approach and some early-bird pilots, “Industrie 4.0” has made it to the main stage. This label is the German idea of dealing with an increasingly digitally connected production line, known both in and outside the factory as the “Internet of Things”. After three industrial revolutions, the next step might include features like a production line where every machine is connected to each other and highly individualised products from still highly efficient industrial production. Read more