July 18 Serda 15:45 - 16:45 | Innovation, Strategy
Industry 4.0. Risks and Opportunities for Future Cities
Modern industry grows by integrating information technology into the manufacturing process. This allows the companies to relocated factories back to cities, as automation is more cost-efficient than outsourcing production to China or Vietnam. In 2016 Adidas opened high-tech Speedfactory in a German city Ansbach. Another driver of the urban industry growth is the recent accessibility of 3D printing. This leads to the creation of small technological enterprises that set their headquarters in former warehouses, garages or even private houses. As a result, the transformative effect of the fourth industrial revolution extends beyond production, stimulating the spatial redistribution of global industrial powers.
- What should urban industry be like?
- What is its value for the city?
- What kind of professionals will be needed in Industry 4.0?