Purpose: The purpose of this paper is to identify the opportunities that Industry 4.0 brings within the framework of applying Cyber Physical Systems in an environment of a Smart Factory. This paper shall identify the changes within daily business processes and the impact of these changes on the daily business life. Design/Methodology/Approach: The research is carried out as a case study research. Due to a qualitative approach for this case study interviews are conducted and the results are analyzed and discussed. Findings: Industry 4.0 will change the way we are working today and influence businesses and business processes in many ways. Data handling, processes and efficiency will change and the way we perceive manufacturing will change in a long term view. Further Research: It would be recommended to expand this research by conducting more research in this particular field as well as impacts on the employee should be studied more in detail.