Review of Industry 4.0 and forecasting its future within trends in logistics and development of legislation

Abstract

The increasing integration of the Internet of Everything into the industrial value chain has built the foundation for the next industrial revolution called Industry 4.0. Industry 4.0 is currently a top priority for many companies, research centres, and universities and is a part of fast changing business environment. Therefore it must be clearly focused on the future trends since fast changing environment forces companies to be flexible and to adapt quickly. New trends in logistics as well as in the field of legislation and demand for greener products and sustainable solutions will undoubtfully shape the future of industry 4.0. This paper is therefore focused on development of industry 4.0 in relation with megatrends in logistics as well as with development of legislation related especially with environmental protection.