Germany’s Industry 4.0 strategy Rhine capitalism in the age of digitalisation

»Industry 4.0 is the vital question of Germany’s manufacturing industry,« says Joe Kaeser, Chairman of the Board
of Directors of Siemens AG. Chancellor Angela Merkel
urged the German business elite at the World Economic
Forum in Davos in 2015 to act swiftly: »We need to
quickly master the amalgamation of the world of the
internet with the world of industrial production because
the current leaders in the digital area will otherwise take
over industrial production.« (Merkel 2015).