The document discusses the opportunities and challenges presented by the Fourth Industrial Revolution. It notes that new technologies like artificial intelligence, digital fabrication, and the fusion of physical and digital worlds are disrupting every industry. To take advantage of these changes, the US needs to invest in translational research, encourage pilot production, empower small manufacturers, and grow technical talent. Strategies like smart manufacturing, systems in a package, continuous manufacturing, and small-batch customized production can help startups leverage new technologies. Federal labs and manufacturing innovation institutes also provide resources to support commercialization. With the right focus on infrastructure, technology, institutions, skills, and demand, the US is well positioned to benefit from the Fourth Industrial Revolution.
Corporate Profile 47Billion Information Technology
Embracing the Fourth Industrial Revolution and Leveraging Global Supply Chains
1. The Fourth Industrial Revolution …
Are You Ready for It ?
UNIVERSITY OF CALIFORNIA, IRVINE (UCI)
@ APPLIED INNOVATION / COVE
OCTOBER 5, 2018
HAS PATEL
INFOLOGIC, IRVINE, CA
HAS.PATEL@INFOLOGIC.COM
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2. 2
“Technological disruption is
already affecting every part
of our lives...every business,
every industry, every
society... even what it
means to be “human.” In
future, it can also change
what we Value, and how
we Value it.”
7. Exponential Technology Growth
Pace of
Innovation
Time
Industrial Revolutions 1.0 2.0 3.0 4.0
Exponential Growth
transcending Industry
& National boarders
Linear
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9. Cognitive Capabilities and Fusion of
Physical, Digital & Biological Worlds
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“ Digital fabrication technologies, meanwhile, are interacting with the biological
world on a daily basis. Engineers, designers, and architects are combining
computational design, additive manufacturing, materials engineering, and synthetic
biology to pioneer a symbiosis between microorganisms, our bodies, the products we
consume, and even the buildings we inhabit.” – World Economic Forum
10. Artificial Intelligence:
The Robots Are Now Hiring
Source : Wall Street Journal – Sept 20, 2018
This Robot Might Make Invasive
Colonoscopies a Thing of the Past
Source : PC Magazine – Sept 24, 2018
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13. Society Sectors
The Market
Raw Material
Services
Manufacturing
The Civil Society
Social Systems,
Community
Organizations
The State
Political
Systems,
Government
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21. National Science Foundation (NSF)
Industrial Commons
Keeping R&D Onsite
Hardware-based Startups
Capitalize National R&D
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22. Two Sides of Coin : R&D/Manufacturing
Worldwide
2018 R&D
Investments
Forecast
Source : R&D
Magazine, etc.
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23. Hardware Innovations & Investment
American
Venture
Capital
Investments
2017
Source : NSF/MForesight
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24. R&D Recommendations
investing in translational research and
manufacturing innovation
encouraging pilot production and scale-
up for U.S. industry
empowering small and medium-sized
manufacturers
growing domestic engineering and
technical talent
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25. 25
Strategies for Startups to Leverage
the Fourth Industrial Revolution
Adapt Emerging Manufacturing
Platforms
•Smart Manufacturing
•Systems in a Package
•Continuous Manufacturing
Incorporate Small batch strategies &
Customized Local Production
Leverage American Strengths: World’s
best R&D, Superior Higher Education …
26. Smart Manufacturing (SM) 26
“Smart Manufacturing (SM) enables the availability of the right information, the right
technology, at the right time, in the right form, to the right people to empower smart
decision-making within factories and across entire value chains.” Source : CESMII
Picture : Deloitte
29. What Exactly is Innovation, Anyway?
“ …New technologies, products,
processes, and business models can drive
economic growth, job creation, and
increases in productivity. These
innovations flow not only from the
development of new technologies (e.g.
cloud computing, the integration of IT
with objects in the physical world through
the “Internet of Things,” predictive data
analytics, advanced materials, energy
storage, life-saving drugs), but also from
novel applications of these technologies
and new business models that create
economic and societal value…. “
Innovation ? 29
31. Execution
Case Study – Apple iPhone
Service
Process
Product
Product-
Market Fit
Customer
Value
Proposition
Team
Science
Research
Translation
iPhone - a product
which helps users to
manage their life
and achieve
personal productivity
Apps Development
environment which
provides 30% of
developer profits.
iTunes - software
maintenance and
download; supply
chain management;
synchronization.
Distribution
Agreement with
wireless carriers
- % of Revenue
Retail Stores as a
Knowledge Center
Genius Bar
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34. “Smart, connected products require a
fundamental rethinking of design….product
development shifts from largely mechanical
engineering to true interdisciplinary systems
engineering“ - Harvard Business Review : Research Review
by Professor Michael E. Porter and James E. Happelmann – 10/2015
“It’s technology married with liberal arts, married
with humanities, that yields us the results that
make our heart sing. Steve Jobs reminded us ”
- CIO Magazine
Team Science = STEM + HUSS*
* HUmanities & Social Sciences
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