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Last updated: 28 Apr, 2016  

Infosys Supports Acatech Announcement of 'Industrie 4.0'

NewsVoir | 28 Apr, 2016
Acatech, the German Academy of Science and Engineering, today announced the formation of a consortium to create an Industrie 4.0 Maturity Index. The index will enable companies to assess their current  “Industrie 4.0” capabilities, and map out concrete steps to realize the potential of intelligent integration of machines and humans by means of the Industrial Internet.

 

Acatech coined the phrase “Industrie 4.0” and advises organizations as well as the public on forward-looking issues concerning technical sciences. Building on a global study commissioned by Infosys and the Institute for Industrial Management (FIR) at the RWTH Aachen University, the acatech Industrie 4.0 Maturity Index is aligned with leading academic research. It provides a unique multidimensional assessment that covers not only production and logistics but also includes research and development, service, as well as sales and marketing to provide a holistic assessment.

 

The consortium will expand and further develop the index to define specific capabilities needed to utilize the benefits of Industrie 4.0 and will support companies to evaluate their own progress, identify specific actions, and derive suitable measures to achieve their strategic goals. The following research institutions have joined the consortium: Institute for Industrial Management (FIR) at the RWTH Aachen University, Darmstadt University, Paderborn University, Fraunhofer IML, and the DFKI Saarbücken. They are joined by partners from industry: Infosys, TÜV SÜD, and It’s OWL (Intelligent Technical Systems Ostwestfalen-Lippe,), which is a cluster of companies, universities and research institutes).

 

Quotes

Prof. Dr. Henning Kagermann, President, Acatech:

“Research shows that companies are looking for guidance and a systematic method to assess their current ‘Industrie 4.0’ level of implementation. This index provides a sound methodology and underscores acatech’s goal to promote future technology by facilitating the cooperation between the sciences and business.”

 

Dr. Vishal Sikka, CEO & Managing Director, Infosys:

“As software permeates deeper into the physical world, it is critical to baseline the maturity of the cyber-physical systems and tap the immense potential of Industrie 4.0. Infosys already has been working closely with customers and research institutions like FIR Aachen to drive adoption of Industrie 4.0, helping organizations accelerate innovation and create new business models. As a founding member of the consortium, we will bring this experience and our engineering expertise to help create the comprehensive, business-centric acatech maturity index.”

 

Prof. Dr.-Ing. Dipl.-Wirt. Ing. Günther Schuh, Director of FIR, RWTH Aachen University:

“Industrie 4.0 needs to be introduced step by step and has to be aligned to the business strategy and existing skills and competences. Every step will already add a measurable benefit to the company. As a result, implementation is controllable, because the success is immediately apparent. Hence, I am very confident that we can make a great contribution to the implementation of Industrie 4.0 in companies.”

 

The announcement was made at the Hanover Fair (Hannover Messe Industrie), the world's biggest industrial fair, which is taking place from April 25 to 29, where a preview of the index is being shown at the acatech and Infosys booths.

 

About Infosys Ltd

Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.

 

Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$ 9.5 billion in LTM revenues and 194,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.

 

Safe Harbor

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2015. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.

 
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