Apr 25, 2016 by Karen Field | Internet of Things Institute — from IndustryWeek
Hannover, Germany—Government and industry professionals from the U.S. and Germany took on the topic of Industrie 4.0 and the Industrial Internet in a panel discussion today hosted by the Industrial Internet Consortium (IIC) and Hannover Messe.
Industrie 4.0 or the Industrial Internet—whatever you prefer to call it—has profound implications: It is changing business models and leading to more efficiencies in production processes, but it will also lead to new challenges such as security, labor qualifications, and new regulatory frameworks for business.
Approaches by the two movements are markedly different: On the one hand, Industrie 4.0 was born out of and is being driven by the German government’s high-tech strategy. On the other, the Industrial Internet is a bottoms-up approach driven by U.S. industry.
While this dissimilarity might well have put the pair on a collision course, people on both sides are sensing ways collaboration may help to achieve common goals.