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What is the Live Factory and how does it fit with Industry 4.0?

When Steve Jobs introduced the Apple iPhone in 2007, he predicted we wouldn’t be able to live without it in the future. He was right. Every day, we have instant access to the data we need to run our lives: calendars, notifications, up-to-the-minute news, weather and sports scores, texting, shopping (including order status and delivery details), financial transactions, even the