Investments in Industry 4.0 are increasing during the pandemic – but not everywhere
Posted: Sat Feb 01, 2025 9:28 am
Companies that are already using Industry 4.0 applications or are planning to do so have tended to increase their activities during the Corona crisis. 18 percent have increased their investments in Industry 4.0 significantly during this time, and a further 24 percent have increased them slightly. Only 14 percent have reduced spending slightly, and just 9 percent have reduced it significantly. Nothing has changed in one in three companies (32 percent). "More investment in Industry 4.0 - that is good news for Germany as a business location," says Rohleder.
95 percent see Industry 4.0 as an opportunity for israel gambling data their own company, only 4 percent see it as a risk. However, the corresponding possibilities are far from being exhausted: not even one in three industrial companies in Germany (31 percent) currently see themselves as pioneers in Industry 4.0. More than one in two (54 percent), on the other hand, describe themselves as laggards, and one in nine (11 percent) even think they have missed the boat. "Digitalization is also developing exponentially in production. This means that those who start later have to work even harder. Now the motto is: be quick," says Rohleder.
Companies feel held back by high data protection requirements
Companies are currently experiencing a number of obstacles that make the use of Industry 4.0 applications difficult. 77 percent would like to invest more and complain about a lack of financial resources. 61 percent feel hindered by data protection requirements. 57 percent by IT security requirements. Every second company (55 percent) lacks skilled workers, a similar number (52 percent) feel overwhelmed by the complexity of the topic, and 48 percent complain about the susceptibility of the systems to failure.
95 percent see Industry 4.0 as an opportunity for israel gambling data their own company, only 4 percent see it as a risk. However, the corresponding possibilities are far from being exhausted: not even one in three industrial companies in Germany (31 percent) currently see themselves as pioneers in Industry 4.0. More than one in two (54 percent), on the other hand, describe themselves as laggards, and one in nine (11 percent) even think they have missed the boat. "Digitalization is also developing exponentially in production. This means that those who start later have to work even harder. Now the motto is: be quick," says Rohleder.
Companies feel held back by high data protection requirements
Companies are currently experiencing a number of obstacles that make the use of Industry 4.0 applications difficult. 77 percent would like to invest more and complain about a lack of financial resources. 61 percent feel hindered by data protection requirements. 57 percent by IT security requirements. Every second company (55 percent) lacks skilled workers, a similar number (52 percent) feel overwhelmed by the complexity of the topic, and 48 percent complain about the susceptibility of the systems to failure.