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'Bright future' for Siemens PLM software in China as firms seek an edge, says CEO

Though winds of change are sweeping across the manufacturing landscape with tremendous speed, countries like China can still retain their winning edge by using innovative industrial software that can integrate the product development and production processes, a top industry official said.

Much like cloud computing that is transforming the information technology business, it is "Industry 4.0" - a concept that promotes the digitalization of the manufacturing industry - that is now being hailed as the way forward for manufacturing companies.