Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Germany eyes new Internet industrial revolution  Join our daily free Newsletter

MENAFN - AFP - 07/03/2013

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093616506%26title%3dGermany-eyes-new-Internet-industrial-revolution Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093616506%26title%3dGermany-eyes-new-Internet-industrial-revolution Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - AFP) Known throughout the world for quality cars and industrial giants, Germany is now seeking to position itself for the coming revolution, "industry 4.0", powered by Internet."The Internet has become an integral part of industry," said Chancellor Angela Merkel as she inaugurated the CeBIT, the world's biggest high-tech fair here in the northern city of Hanover.And German firms at the CeBIT show were scrambling not to get left behind by the global competition when it comes to making industrial processes smarter and more interconnected.The German Research Center for Artificial Intelligence (DFKI) showcased its "smart factory", showing how industrial processes can be made more efficient when connected by Internet.As an example, the DFKI demonstrated how a plastic badge installed with a tiny RFID identification chip instructs the machines involved in its production.The chip can tell other machines what to engrave on its surface, what colour to paint it or whether to stick on instructions in French, German or Portuguese.The idea of the project, which should be rolled out on an industrial scale in Germany next year, is to allow a production process that is both large-scale and highly specific.Nearby, a DFKI staff member demonstrates a pair of large black glasses that look like they have been taken straight from a sci-fi film.He turns towards a machine and begins to repair it with the aid of holographic instructions that are beamed into his glasses."The idea is to make non-specialists capable of repairing" the machines, without having to wait for an expert engineer, he explained.Beyond individual industrial processes, big German firms are also looking at ways to link up whole factories via the Internet and even get separate plants to communicate with each other.The idea of "networking" factories is "the motor for productivity gains in the coming years," Jim Hagemann Snabe, one of the bosses of German software SAP, told the CeBIT fair.The new revolution is going to require the Internet to become much more powerful. According to figures published by US firm Cisco, more than 50 billion objects will be connected to each other via the Internet by 2020.And Germany is already trying to make sure that its huge network of small and medium-sized businesses, the backbone of Europe's strongest economy, will not be left behind in the global race to make industry smarter.Three industry lobby groups, in telecommunications, machine-tools and electronics, have clubbed together to launch from April a joint information platform, saying it was of "enormous importance" for the country's factories.

 






  MENA News Headlines
May 23 2013US new home sales jump in April ,AFP
(MENAFN - AFP) Sales of newly built homes in the United States jumped in April and prices surged as demand picks up against a still constricted supply, the Commerce Department said Thursday. Sales ...

May 23 2013WHO voices deep concern over spread of SARS-like virus ,AFP
(MENAFN - AFP) The World Health Organization voiced deep concern Thursday over the SARS-like virus that has killed 22 people in less than a year, saying it might potentially spread more widely ...

May 23 2013US photographer Leibovitz wins top prize in Spain ,AFP
(MENAFN - AFP) Spain honoured the US photographer Annie Leibovitz, known for her iconic portraits of a naked John Lennon and a pregnant Demi Moore, with its top humanities prize on Thursday. The ...

May 23 2013US stocks sink after global rout; S&P loses 1.1% ,AFP
(MENAFN - AFP) US stocks opened sharply lower Thursday after the plunge in the Japanese market sparked a selloff throughout Asia and Europe. In the first 10 minutes of trade the S&P 500 was ...

May 23 2013Majid Al Futtaim takes 100% of UAE Carrefour ,MENAFN
(MENAFN) Majid Al Futtaim (MAF) Holding announced that it purchased the 25-percent stake owned by Carrefour in Majid Al Futtaim Hypermarkets LLC for USD684.1 million, reported Gulf News. MAF ...

May 23 2013QPI to purchase share in Total's Congo operations ,MENAFN
(MENAFN) Qatar Petroleum International (QPI) will buy a stake in Total's Congo operations, reported Arabian Business. This investment's major focus is the Moho North project. Neither of the two ...

May 23 2013Epicor to Host EMEA Insights 2013 Customer Conference Series ,MENAFN Press
(MENAFN Press) Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced that it will be hosting ...

May 23 2013Dubai's leading property agency delivers world-first tool and resources for end users ,MENAFN Press
(MENAFN Press) Better Homes, UAE's largest realtor, has released helpful guides for property hunters and landlords in the Dubai property market. This follows from the property agency's delivery of a ...

May 23 2013Onyx hospitality group creates a buzz with 'plan bee' ,MENAFN Press
(MENAFN Press) The latest CSR programme from ONYX Hospitality Group focuses on the conservation of natural biodiversity in a bid to save the Asian honeybee (Apis cerana) from extinction. The ...

May 23 2013RTS Realtime Systems to Open Data Center in Dubai ,MENAFN Press
(MENAFN Press) RTS Realtime Systems Group (RTS), a leading global trading solutions provider, today announced plans to open its newest data center in Dubai, the first Middle East site in its global ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help