Over the last few years, Industry 4.0 has been the buzz word for the entire industrialized world, and Hannover Messe has been it’s the global hotspot. It has been revolutionizing the industrial sector just like the steam engine, mass production and automation did. And the best part is, we are just getting started.
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In this series, we will ask industry leaders what their thoughts are regarding the past ten years of the global industry and what their prognosis for the upcoming years looks like. We start the series with Jürgen Prochno, CEO of the German branch of The Lee Company, manufacturer of miniature fluid control products.
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It was a turbulent time for the global economy, triggered by the property bubble in the USA. At this exact time, a German publisher and Deutsche Messe AG dared to launch an international cross-media project on the market. The objective was to report on the latest exciting technological achievements.
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Last quarter of 2018 and the first quarter of 2019 has not been a very positive one for Germany, but nevertheless, 2019 still looks to be a positive year as Industry 4.0 and similar advanced technologies start to penetrate deeper into German manufacturing set-up. Going forward, these technologies will become the new growth drivers of German manufacturing industry.
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One of the most innovative German companies in the field of power transmission has its eyes firmly fixed on the sustained trend for automation and the high demands placed on robotic solutions. For this reason, the company has expanded its performance spectrum of clutches, couplings and brakes.
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