In 2017, companies began to implement the Industrial Internet of Things (IIoT) on a broader scale. That trend has continued this year. Businesses are focusing intensely on opportunities that lead to greater efficiency, quality, savings, productivity and innovation. The latter are either required by new laws, expected by the market or forced on businesses by their competitors. Over 95% of industrial firms see IIoT as an important feature that will help them succeed on the market in the future.
Foxconn 4Tech inundated this year’s AMPER 2018 with a number of new solutions from its development lab. As a technology leader in the field of advance solutions for industrial automation, data analytics, smart logistics, manufacturing and industrial IoT, the company's info stand had a large number of visitors.
Use of artificial intelligence (AI) in beta operations/production is beginning to take more concrete shape. Foxconn in the Czech Republic is also currently testing new ways to implement AI. As part of its development of second generation technologies, it sees room for sorting out the current situation on the job market where businesses are having trouble with a lack of qualified workers. Its daughter company, Foxconn 4Tech, which focuses on development of AI solutions, plans to double the number of members in its team and hire several dozen experts. The Taiwanese conglomerate is looking for new ways to grow its business in AI and aims to become one of the key market players in this area. Company founder, Terry Gou, announced these plans at the start of February. According to him, Foxconn plans to make a global investment of 342 million USD into development of AI over the next five years.
Foxconn 4Tech will, for the first time, act as a partner to this year’s 26th annual AMPER trade fair which takes places in Brno from 20-23 March 2018. This is one of the largest international trade fairs in Central Europe devoted to electronic technologies, electronics, automation, communication, lighting and security.
Foxconn 4Tech is preparing, for commercial use, its own image recognition-based solution that leverages advanced artificial intelligence (AI) for industrial firms and other sectors. The products and services are meant primarily for supporting current Industry 4.0 trends and the world of the Internet of Things (IoT).
Complicated production processes, in the petrochemical, food-processing, metalworks and construction industries for example, require constant attention and optimization. Thus, we would like to invite you to a business breakfast called Foxconn 4Tech Meet-UP. It will feature professionals from the fields of industrial automation and management of complicated processes involving advanced technologies and the Industrial Internet of Things (IIoT).
Foxconn 4Tech has launched its first series of expert seminars and workshops for customers and partners who are looking to sort out matters related to IIoT. The first event involved meeting to discuss the practical use of advanced data analytics together with artificial intelligence and real connections to the world of Industrial IoT and the field of energy consumption management.
Foxconn 4Tech has announced an important addition to its local team. Jan Rezek (38), who has worked in marketing for 16 years, took on the role of marketing manager in December 2017.
We’re launching this year’s series of business breakfasts, our Foxconn 4Tech Meet_UP 2018, with a set of interesting topics from the fields of advanced data analytics and business and artificial intelligence, industrial automation, manufacturing process administrative systems, system localization and the world of Industrial IoT.
The latter actively supports access for Czech businesses to the German market and contributes to Industry 4.0 initiatives. Participation in chamber activities is further evidence of Foxconn 4Tech’s ambition to be a leader in providing solutions for smart digital factories: both on the Czech and foreign markets. Thanks to this cooperation, we have new opportunities to offer our solutions and services to important German companies operating both in the Czech Republic and abroad.