Unlike in earlier technology-driven upheavals, digitalization is a combination of different methods and technologies. The commercial potential arises from the networking of people, products, machines, systems and companies. Solutions can arise within different business areas or at the interfaces between customers, suppliers or partners.
As Industry 4.0 is triggering a fundamental transformation, tried and tested organizational structures need to be challenged and areas of responsibility redefined. Managerial functions are changing and it is vitally important that employees are prepared for and involved in changes. Speed and agility, along with a culture of pragmatic trial and error and learning, are becoming key success factors for businesses.