How well Germany is prepared with Industry 4.0?

In this top competitions with key players and stakeholders are not just only analysing the trend and topics but also the way the need of investment. The need of gain in efficiency by digitalization, the strategy needed to be pursued or the budget is sufficient for the investment? The dilemma is present and still a challenge among most of the firms to keep moving. The need of the firms to be ready to tackle the financial hurdles and problems is a road quite trouble.

Source:- VDMA
Source:- Bitkom
Source:- Bitkom

In my opinion, the concerns are quite genuine among the firms to go further in such big investment. Even though it is the latest trend but without any preparation and with pre-plan it is quite difficult to jump into any such analysis. The question is how far have we come to address such issues and the concerns has been handled with precautionary steps so that the guidelines can be adopted by other countries also?

Source:- Statista (Industry 4.0)

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