- ROI Management Consulting AG Glossary
- Smart factory
A visionary factory in which manufacturing machines and logistics systems carry out self-organised processes – without human intervention. The term comes from the German government’s high-tech strategy as a building block of Industry 4.0. Smart products, i.e. machines and products, interact here largely independently via the Internet of Things (IoT), the data generated (Smart data) are processed in real time and thus make the human control superfluous.