An overview of the four Industrial revolutions and the impact of the 4th Industrial Revolution or Industry 4.0 on manufacturing.
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The rise of industry 4.0 makes your manufacturing smarter
1. December 13, 2019 1IEEE & PNP Startup Pitch Competition ¨C Industry 4.0December 13, 2019 1IEEE & PNP Startup Pitch Competition ¨C Industry 4.0
Joseph Wei,
Managing Director, Technology Ventures Group, LLC
Joseph.Wei@techventures.co
The Rise of Industry 4.0 makes your
Manufacturing Smarter
2. December 13, 2019 2IEEE & PNP Startup Pitch Competition ¨C Industry 4.0 2
? Speaker background
? What is Industry 4.0?
? Why Industry 4.0?
? Benefits of Industry 4/0
? Final thoughts
Topics
3. December 13, 2019 3IEEE & PNP Startup Pitch Competition ¨C Industry 4.0 3
Speaker Bio
? 35 yrs + executive at Digital Equipment Corp.
and SGI (both were acquired by HP), NEC,
Inventec Corporation (Ó¢˜Iß_) and Qihoo 360
(Æ滢360)
? Managing Partner, Technology Ventures
? Venture Partner, Skychee Ventures
? Founding Partner of Lab360 Startup Incubator
? Board member, IEEE Consumer Electronics
Society
? Startup mentor at Plug and Play, Alchemist,
Women Startup Lab, European Innovation
Academy; Asia Pacific Innovation Academy
? Speaker at global startup conferences
4. December 13, 2019 4IEEE & PNP Startup Pitch Competition ¨C Industry 4.0December 13, 2019 4IEEE & PNP Startup Pitch Competition ¨C Industry 4.0
What is Industry 4.0?
5. December 13, 2019 5IEEE & PNP Startup Pitch Competition ¨C Industry 4.0 5
Industry 4.0 or the Fourth
Industrial Revolution was coined
by Klaus Schwab, founder of the
World Economic Forum and the
central aim of the World
Economic Forum Annual Meeting
2016
Industry 4.0
6. December 13, 2019 6IEEE & PNP Startup Pitch Competition ¨C Industry 4.0 6
Industry 4.0 is the current trend of
automation and data exchange in
manufacturing technologies. It includes
cyber physical systems, Internet of Things
(IoT), cloud computing and cognitive
computing.
Industry 4.0
7. December 13, 2019 7IEEE & PNP Startup Pitch Competition ¨C Industry 4.0
18th Century 19thCentury 20thCentury 21st Century
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Industry 1.0 ¨C 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
17. December 13, 2019 17IEEE & PNP Startup Pitch Competition ¨C Industry 4.0 17
Benefits of Industry 4.0
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Final thoughts
30. December 13, 2019 30IEEE & PNP Startup Pitch Competition ¨C Industry 4.0 30
World ¡°Growth¡± Initiatives in Manufacturing
Manufacturing
Renaissance
Industry of the
Future
High Value
Manufacturing
Smart
Industry
Made
Difference
Produktion
2030
Industrial Internet
Business Revolution
Industry 4.0
Innovation 25¡¯
Program
Made In China 2025
Precision
Manufacturing
Operational
ProgrammeFabbrica
Intelligente
Fabricacion
Avanzada
Digital
Manufacturing for
SME
Produktionder
Zukunft
Make in India
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Joseph.Wei@techventures.co
www.linkedin.com/in/josephwei
www.twitter.com/josephwei
34. December 13, 2019 34IEEE & PNP Startup Pitch Competition ¨C Industry 4.0December 13, 2019 34IEEE & PNP Startup Pitch Competition ¨C Industry 4.0