Breaking News

Casio Releases EDIFICE Featuring Forged Carbon Celebrating the first 30 Years of PlayStation HighPoint introduces Industry’s First Hardware Architecture for GPU-Direct NVMe Storage Panasonic Introduces the First Ultra-Telephoto Zoom Lens in the LUMIX S Series CORSAIR announces Vanguard Pro 96 and Vanguard 96 Gaming Keyboards

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Volkswagen to Invest Up to €4 billion in Digitalization

Volkswagen to Invest Up to €4 billion in Digitalization

Enterprise & IT Jun 5,2019 0

Volkswagen AG will invest up to €4 billion in digitalization projects through 2023 – mainly in administration but also in production.

These projects include IT solutions such as SAP 4/Hana, in particular for administrative applications, a highly-efficient purchasing system and new standard human resources applications.

At least 2,000 new jobs related to digitalization are to be created. This has been agreed by the Board of Management and the General Works Council in their “digital transformation roadmap”.

Agile working methods, improved processes and digitalization are to reduce the burden on employees and speed up processes. Tasks that used to be performed manually are to be simplified through improved IT. Consequently, up to 4,000 jobs in non-production units at Volkswagen AG Passenger Cars, Volkswagen Group Components and Volkswagen Sachsen GmbH will not be restaffed over the coming four years. A precondition for this is that tasks are eliminated as a result of digitalization, process optimization and organizational streamlining. In addition, further investments in Industry 4.0 and an associated increase in productivity of five percent per year in production units through 2023 were also agreed.

Furthermore, the budget for training is to be increased by a further €60 million to a total of €160 million to take account of the human resources transformation under Volkswagen’s digitalization offensive. A uniform employment guarantee for Volkswagen AG and Volkswagen Sachsen GmbH through 2029 has also been agreed.

Tags: Volkswagen
Previous Post
Samsung Sets Up Research Center on 6G
Next Post
Instagram to Show You Ads From People You Don't Follow

Related Posts

  • Volkswagen Says Electric ID.3 Will Cost as a Car With an Internal Combustion Engine

  • Volkswagen Previews The New All-electric Compact SUV ID.4

  • Volkswagen's Fast Charging Solutions Can be Installed Anywhere

  • Volkswagen and IBM Are Researching Autonomous Driving in Urban Space

  • Volkswagen Showcases New ID. SPACE VIZZION Concept

  • Volkswagen to Invest 60 billion Euro in e-mobility

  • Volkswagen Breaks Ground on Expansion for Electric Vehicle Production in United States

  • Volkswagen Says Self-driving System Will be Ready for the Market by 2025

Latest News

Casio Releases EDIFICE Featuring Forged Carbon
Consumer Electronics

Casio Releases EDIFICE Featuring Forged Carbon

Celebrating the first 30 Years of PlayStation
Gaming

Celebrating the first 30 Years of PlayStation

HighPoint introduces Industry’s First Hardware Architecture for GPU-Direct NVMe Storage
Enterprise & IT

HighPoint introduces Industry’s First Hardware Architecture for GPU-Direct NVMe Storage

Panasonic Introduces the First Ultra-Telephoto Zoom Lens in the LUMIX S Series
Cameras

Panasonic Introduces the First Ultra-Telephoto Zoom Lens in the LUMIX S Series

CORSAIR announces Vanguard Pro 96 and Vanguard 96 Gaming Keyboards
PC components

CORSAIR announces Vanguard Pro 96 and Vanguard 96 Gaming Keyboards

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed