Ali Rıza Ersoy, General Manager of Siemens Turkey, gave a presentation about the development of Industry 4.0 specifically to our Executive Board members and management team. Industry 4.0 is the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems, theinternet of things and cloud computing.
Industry 4.0 creates what has been called a "smart factory". Within the modular structured smart factories, cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions.