German Companies Using Industry 4.0 Applications Expect Lower Costs as a Result

Almost half (47%) of industrial companies using Industry 4.0 applications or planning to use them expect lower costs as a result, according to a recent survey conducted among 400 companies with at least 100 employees from the automobile sector, mechanical engineering, the chemical industry and the electrical industry, on behalf of IT association Bitkom.

Almost a third (30%) of (potential) users assume that the costs will “slightly decrease” due to Industry 4.0, 15 percent stated that they will decrease, and 2 percent expect that they will “decrease heavily”. Read more

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