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FEB

Industry 4.0 is Broken! (Here's the Fix)

February 16, 2022

4:00 PM - 5:00 PM

We all know the promise of Industry 4.0: increasing interconnectivity and smart automation was supposed to drive a revolution in the efficiency of complex industrial processes - especially companies involved in manufacturing and supply chain.

Unfortunately, the reality has not matched the promise. Most data generated from Internet of Things (IoT) devices and sensors is still not being used to drive valuable actions in real time. And rapid advances in artificial intelligence (AI) have barely made it out of the innovation labs into systems at scale.

Join Gaute Engbakk, President of edge computing platform company Pratexo AS, and Nick Dedekian, CEO of manufacturing-focused solutions developer and systems integrator Industry Corps.0 as they discuss the real-world solutions to these challenges, including the use of edge computing to finally unlock the full value of AI and IoT in industrial settings.

Speakers

Gaute Engbakk

Gaute is an international executive with expertise in technology and big data. He is a technologist by education with a Master of Science in Computer Science from the Norwegian University of Science and Technology (NTNU). Previously, Gaute was the Country Manager for Accenture Information Management Services (AIMS) in Norway. He now sits on the board of directors in several companies, both privately held and PE-owned.

Nick Dedekian

Nick is CEO of Industry Corps, a dedicated technology partner serving process-oriented industrial manufacturers. Industry Corp’s managed solutions combine new with legacy technologies to deliver measurable outcomes. Prior to founding Industry Corps, Nick was an Enterprise Account Executive for Industrial Solutions at Samsara. He has a Bachelor Degree from the University of California, Berkeley.

Hosts

Pratexo

Pratexo is the plug and play edge computing platform-as-a-service that simplifies and accelerates the design, provisioning, and management of the edge nodes and micro clouds required to host next-generation applications. Based on open and proven technologies, Pratexo unlocks the true value of AI and IoT by enabling you to process data and run applications locally - on the far edge - in real time.We are particularly targeting industrial applications for Pratexo, including those found in energy and utilities, smart cities, maritime, and manufacturing. In these industries, most IoT data is still not fully utilized because it cannot all be sent to the cloud for reasons including security, privacy, latency, cost, etc. Pratexo technology is particularly suited to situations where a full-time connection to the public Internet is not possible or systems must be resilient to disconnection. We are also seeing increasing development of autonomous systems, using AI and machine learning, that must process that data close to or on the machine itself. Those are the challenges that Pratexo was built to solve.Pratexo currently has offices in Texas, Norway, and Sweden.