Industry 4.0 is the big buzzword right now. Industry 4.0 is the integration between the digital world and physical production. It is the idea that intelligent, collaborative productions and service networks can self-control elements across the span of industrial value chains. Industry 4.0 is the realistic idea of real-time production and product development using phenomena like Big Data, Internet of Things, advanced and automated production as well as delivery of services from a cloud-based service internet. This means that industrial strength – competitiveness – moves its focus from the ability to produce faster, better or less expensive for the ability to transform products and processes into digital formulas and distribute these formulas as services.