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Published in:
2019 | OriginalPaper | Chapter
1. Industry 4.0 (i4.0): The Hype, the Reality, and the Challenges Ahead
Author : Mohammad Dastbaz
Published in: Industry 4.0 and Engineering for a Sustainable Future
Publisher: Springer International Publishing
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Abstract
In the aftermath of the 2008 global financial crises, a debate around how to recover from the crises and to ensure future growth, and also the role of technology in the future of this growth is pursued. In a report titled “Industrie 4.0” (Industry 4.0), the German government through its “Ministry of Education and Research” and the “Ministry for Economic Affairs and Energy” proposed a national strategic initiative focused on building a digital society and pushing digital manufacturing in an ever-expanding interconnection of products, value chains and business models. Before attempting to provide a framework of what i4.0 in its current stage of development is, what are the key areas of technology that define i4.0 and how we can move beyond the jargons and the hype, it will be useful to provide a historical context to i.4.0 and its predecessors and how they impacted our development over the past 250 years.