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Plant Documentation 4.0 – an essential enabler for Industry 4.0
Digitalised plants and processes can only be reliably administered if documentation is available that reflects the current status of the production plants. In many places reality is still far removed from Plant Documentation 4.0 – despite the fact that it is just as essential to the success of Industry 4.0 as the necessary communication techniques and all security concepts, says Martin Dubovy, and Evelyn Landgraf.Read more
Legal Entity Identity number is must to assert legitimacy globally
Legal Entity Identifiers (LEIs) are required by all parties participating in regulated transactions and provide a publicly available verifiable source of ‘who's who’ and ‘who-owns-whom’. The LEI code is endorsed by the G20 as the most important global identifier, says Hitesh Rughani, MD, Dreams Merchant.Read more
