The Rise of Industry 4.0 Makes Your Manufacturing Smarter

The Rise of Industry 4.0 makes your Manufacturing Smarter Joseph Wei, Managing Partner, Technology Ventures Group, LLC. Joseph.Wei@techventures.co www.linkedin.com/in/josephwei October 7, 2019

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Topics • • • •

Speaker background What is Industry 4.0?

Why Industry 4/0?

Final thoughts

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Speaker Background • 35 yrs executive at Digital Equipment Corp. and SGI (both acquired by HP), NEC, and Inventec Corporation (英業達) • Managing Partner, Technology Ventures • Venture Partner, Skychee Ventures • Founding Partner of Lab360 Startup Incubator • Board member, IEEE Consumer Electronics Society

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What is Industry 4.0?

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Industry 4.0 Industry 4.0 is the current trend of automation and data exchange in manufacturing technologies. It includes cyber physical systems, the Internet of Things (IoT), cloud computing and cognitive computing.

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Industry 1.0 – for textiles

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Why Industry 4.0?

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Challenges for the Industry • Today manufacturers are faced with the request to be flexible and be able to offer a wide variety of products to customers.

• Manufacturers need to optimize costs in all aspects of its business besides the manufacturing cost: • New product development • Forecast accuracy • Supply chain/logistic • Manufacturing automation • Labor training • Industry compliance & safety October 7, 2019

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Benefits of Industry 4.0

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Artificial Intelligence and Industry 4.0

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World “Growth” Initiatives in Manufacturing Smart Industry

Made Difference

High Value Manufacturing

Industrial Internet Business Revolution Industry 4.0

Industry of the Future

Manufacturing Renaissance

Produktion 2030

Digital Manufacturing for SME

Innovation 25’ Program

Produktionder Zukunft

Fabricacion Avanzada

Fabbrica Intelligente

Made In China 2025

Operational Programme Make in India Precision Manufacturing

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Industry 4.0 for Textiles Industry • The aim is to make the flows of materials within production continuous with maximum flexibility.

• This means that the system can promptly respond to the requirements of each customer, without coming to a standstill in production, accumulation of unfinished products, etc.

• Manufacturers of clothing should apply technological innovations including data from supply chain and customers to deliver maximum efficiency, highest quality, while maintaining competitive costs.

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Final thoughts October 7, 2019

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Contact: Joseph.Wei@techventures.co October 7, 2019

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