The document discusses Industry 4.0 and the fourth industrial revolution brought about by modern information technologies enabling the Internet of Things. It describes how the German government is supporting industry and research to implement these changes. It outlines the SmartFactoryKL project by the German Research Center for Artificial Intelligence which demonstrates core aspects of Industry 4.0, including cyber-physical production systems that will revolutionize factories through features like smart, networked objects and convertible production systems. The project aims to create new levels of productivity and value through self-managing, knowledge-based production systems enabled by technologies like the Internet of Things.