On Monday, 21th of November 2016 an international conference called „Society – ICT – Economy – Industry 4.0”, focused on digitalisation and its effect on the economy and society took place in Budapest, Hungary.
Industry 4.0 describes the organisation of production processes based on technology and devices autonomously communicating with each other along the value chain: a model of the ‘smart’ factory of the future where computer-driven systems monitor physical processes, create a virtual copy of the physical world and make decentralised decisions based on self-organisation mechanisms.