The term "Social Networked Industry" consists of two components. On one side the networked industry and on the other side the social network. Topics such as Industrie 4.0 and the Internet of Things deal with the connection of technology. But also in today's society networking is an essential factor.
Social networks such as Facebook, Twitter and Xing connect people, but networking is also becoming increasingly important in companies.
Those networks also promote transparency and the efficiency of knowledge and information sharing.