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Julia Kniga

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  1. Asked: April 11, 2019 Industry 4.0

    Which area will get benfitted due to Industry 4.0?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on April 18, 2019 at 8:53 am

    automotive sector will benefit most

    automotive sector will benefit most

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  2. Asked: April 11, 2019 Industry 4.0

    What courses can be flaoted in the Universities to make a student Industry 4.0 ready ?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on April 18, 2019 at 8:53 am

    all IT courses need to be floated

    all IT courses need to be floated

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  3. Asked: April 11, 2019 Industry 4.0

    What are the digital transformation requirements for industry 4.0?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on April 18, 2019 at 8:52 am

    all production processes need to be optimized and standardized

    all production processes need to be optimized and standardized

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  4. Asked: April 4, 2019 Industry 4.0

    What is value chain and value pool?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on April 18, 2019 at 8:48 am

    The value pool is a strategy model that can be used to help managers or companies focus on profits, rather than on revenue growth. ... While the concept is simple, the structure of Profit Pools can usually be quite complex. Some segments of the value chain will have deeper pools than the others.

    The value pool is a strategy model that can be used to help managers or companies focus on profits, rather than on revenue growth. … While the concept is simple, the structure of Profit Pools can usually be quite complex. Some segments of the value chain will have deeper pools than the others.

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  5. Asked: April 4, 2019 Industry 4.0

    What is value chain and value pool?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on April 18, 2019 at 8:47 am

    A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.

    A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.

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  6. Asked: April 11, 2019 Industry 4.0

    What is an Cyber Physical system?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on April 18, 2019 at 8:45 am

    A cyber-physical (also styled cyberphysical) system (CPS) is a mechanism that is controlled or monitored by computer-based algorithms, tightly integrated with the Internet and its users.

    A cyber-physical (also styled cyberphysical) system (CPS) is a mechanism that is controlled or monitored by computer-based algorithms, tightly integrated with the Internet and its users.

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  7. Asked: April 11, 2019 Industry 4.0

    What is blueprint of Industry 4.0?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on April 18, 2019 at 8:44 am

    The Industry 4.0 market is an emerging area, and most service providers pointed to proof-of-concept (PoC) and very small project engagements with clients rather than to any large-scale implementations. The services market for this new technology is still evolving and has yet to enjoy the benefits ofRead more

    The Industry 4.0 market is an emerging area, and most service providers pointed to proof-of-concept (PoC) and very small project engagements with clients rather than to any large-scale implementations. The services market for this new technology is still evolving and has yet to enjoy the benefits of scale. Through consulting-led technology projects, service providers are helping manufacturers start on their Industry 4.0 journey. Academic institutions and original equipment manufacturers (OEMs) have generated a great deal of thought leadership for Industry 4.0. However, due to the active involvement of emerging technologies, getting from theory to reality requires additional skill sets the service providers are able to provide. This is leading to a number of collaborations between service providers and OEMs and academic institutions.

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  8. Asked: January 29, 2019 Industry 4.0

    Where did Industry 4.0 start?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on April 18, 2019 at 8:41 am

    The concept on Industry 4.0 was first presented at the International Industrial Exhibition in Hannover (Hannover Messe) in 2011.

    The concept on Industry 4.0 was first presented at the International Industrial Exhibition in Hannover (Hannover Messe) in 2011.

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  9. Asked: March 28, 2019 Digital Project Management

    What is the Project Management Cycle?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on March 28, 2019 at 12:34 pm

    The Project Management Life Cycle has four phases: Initiation, Planning, Execution and Closure.

    The Project Management Life Cycle has four phases: Initiation, Planning, Execution and Closure.

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  10. Asked: March 28, 2019 Digital Project Management

    What is the Project Management Cycle?

    Julia Kniga

    Julia Kniga

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    Julia Kniga
    Added an answer on March 28, 2019 at 12:31 pm

    Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time. If the results of the closed project are used for initiating a new project then all phases create a cRead more

    Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time. If the results of the closed project are used for initiating a new project then all phases create a cycle known as project cycle.

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