More and more machines are connected to the internet setting the course for Industry 4.0 – the fourth industrial revolution. After mechanisation (Industry 1.0), mass production (Industry 2.0) and automation (Industry 3.0), the “internet of things and services” is now becoming an integral part of manufacturing. Industry 4.0 paves the way for personalised products, resource-efficient logistics, new services and a more flexible working environment. To reach its full potential, Industry 4.0 needs an innovation friendly regulatory framework.