Industry 4.0 with Dr. Dieter Wegener

Industry 4.0 Seminar

‍On November 22, Dr. Dieter Wegener, VP, Advanced Technologies & Standards, Siemens AG, Munich, Germany was the invited lecturer at Canadian Manufacturers and Exporters (CME) Seminar to learn more about how Industry 4.0 can advance manufacturing in today’s competitive landscape.The event was co-hosted with ventureLAB and held at the IBM Innovation Space – Markham Convergence Centre. Dr. Wegener shared his experience with Industry 4.0, trends toward automation and data exchange in manufacturing technologies.

He provided insights on:  

• Industry 4.0 Strategy
• Implementation processes
• Siemens’ best practices

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According to Dr. Wegener, “industry 4.0 is not only about connecting manufacturing with the business side. Digitizing the product via simulation technologies will lead to a faster, cheaper, better product”.   Dr. Wegener presented the three dimensions of Industry 4.0; smart factories and smart products (referred to as the digital twin) and smart services.

To achieve Electronification, Automation, and Digitization, businesses should ask: How can I digitize my value-added chain? Which products or services should be digitized? From digitization, what new business models can I offer my customers?Following the lecture, Jason Meyers, Principal, Jayson Meyers Public Affairs and David Fransen, Special Advisor to the President, National Research Council Canada sat down for a fireside chat with Dr. Wegener to discuss the opportunities and challenges facing Ontario’s manufacturing and tech sectors.For more information about Industry 4.0 go to ZVEI.org

Jeremy Laurin, CEO, ventureLAB kicked off the lecture which was followed by Q&A and a tour of the IBM Canada Innovation Space.

Date: November 22, 2017 (8:30am to 12:00pm)Venue: IBM Innovation Space – Markham Convergence CentreAddress: 3600 Steeles Ave. E., Markham, ON L3R 9Z7Website: ventureLAB Event Industry 4.0