N°381

  1. Home
  2. Road Asset Management
  3. Digitization 4.0 in Asset Management ; A [...]

Features

Digitization 4.0 in Asset Management A challenge for the future!

Alfred Weninger-Vycudil

Alfred Weninger-Vycudil Dr. , Vice-President Engineering – Deighton Associates Ltd. / PMS-Consult, Vienna, Austria Member of Technical Committee D.1 Asset Management of the World Road Association

Illustrations © Author

The development of new technologies is changing the world on a scale not seen before. Social scientists define this progress as the 4th industrial revolution and using the term “Industry 4.0” to describe these trends. “Industry 4.0” is a name given to the current developments of automation and data exchange in technologies. Global data networks like the world-wide-web, are influencing the way of decision-making, including benefits but also different risks.