Product updates on an industrial scale

Aachen / Hannover, December 16, 2021 – A new concept of an Update Factory shows an almost revolutionary way how manufacturing companies can develop innovative business models with industrial updates of their products. The position paper was created in collaboration between WGP (Scientific Society for Production Engineering) and WiGeP (Scientific Society for Product Development). “We have completely rethought sustainability. The Update Factory would be a big step towards the urgently needed circular economy,” emphasizes Prof. Volker Schulze, main author of WGP and spokesman of the Institute Management of the Institute of Production Engineering wbk at the Karlsruhe Institute of Technology (KIT).

Glasgow – The industry can do much more

Glasgow showed two things: There is a certain consensus that something urgently needs to be done about man’s influence on the climate. And: Disruptive, revolutionary changes do not seem feasible. The goal of limiting global warming to 1.5 degrees Celsius compared to the pre-industrial era was dropped at the World Climate Conference against better judgment.