The proportion of developed European countries’ GDP from the manufacturing industry is currently decreasing. Industry 4.0 – also called smart manufacturing, digital industry or industry of the future – provides several technological responses to the challenging competitive market, notably the integration of the Internet of Things (IoT) and related components – Cyber-Physical Systems (CPS), Digital Security, Cloud Computing and Big Data – in manufacturing SMEs which improves efficiency and flexibility in production and consumption.
The IoT4Industry project is financed by the European Commission and aims at fostering this integration by connecting ICT clusters that have capacities in IoT with Advanced Manufacturing clusters who have access to the process manufacturers and manufacturing SMEs in Europe.
Starting from the analysis of needs in manufacturing SMEs from diverse sectors in Europe (aerospace, automotive, medicine, ...) the project will put in place favourable framework conditions to enable matchmaking, trainings, etc. and encourages the creation of smarter manufacturing tools and their integration in manufacturing SMEs. Moreover, 40 projects implicating 84 European SMEs and are corresponding to different development stages (feasibility, prototyping, demonstration) have been selected through a call for proposals to receive funding and support, in view of further developing this new industrial value chain in European SMEs and improve their competitiveness on the global stage.
For more information, please visit the project's website: https://www.iot4industry.eu/