Industry 4.0 has the potential to change the business landscape permanently, but there are also legal challenges which must be managed when these technologies are implemented.
The fourth industrial revolution, or Industry 4.0 as it is also known, refers to the industrial development phase which is signified by technologies such as artificial intelligence (AI), the internet of things (IoT), blockchain, big data, 5G, robotics, quantum computers and other advanced technology. Put differently, this phase may be viewed as describing the technological progress where borders between physical, digital and biological systems become blurred.
These new technologies already influence many areas in society and have the potential to dramatically change the way we work, as well as how we communicate and act as consumers. Of course, legislation is also influenced by these changes.
Vinge follows the legal and political development both at EU and national levels. Vinge’s specialists have extensive experience regarding the legal issues which the fourth industrial revolution brings. As a full-service law firm, we can offer legal advice within all areas of corporate law. We have a specialised team which works cross functionally in all areas in the fourth industrial revolution, such as:
We tailor our advice in order for you to be able to manage the legal challenges which are specific for your particular sector and business.
AI, or artificial intelligence, is an area which is increasingly getting more attention. Today, AI is used within many different kinds of sectors and for many different kinds of uses.
The increasing use, and usefulness, of the internet and digital technology entails an increased need of protecting networks, units, software and data against unauthorised access.
The fast technological development has enabled companies to gather and manage large amounts of data. This creates new possibilities but also legal challenges.
Society is becoming increasingly digital. Today, a majority of the world’s largest companies are digital market actors.