Industry 4.0. Terminology, Effects on certain Industries and Consequences for Society

Research Paper (undergraduate) from the year 2017 in the subject Business economics - Industrial Management, Pforzheim University, language: English, abstract: This paper is about the phenomenon "Industry 4.0" and what effects it has on the automotive industry, the pharmaceutical industry and agriculture. Especially the great differences between these sectors make it interesting to take a closer look on how far and in which way smart technologies have been realised until now and what impact they might have on the future.