How to get a loan for a metaverse nail factory

– The challenge for the industry is more efficient and effective creation of value for recipients – said Andrzej Soldaty, co-author of the report “Industry 4.0. The shaping of a new generation of industry and the consequences for the environment of the industrial sector” published by WIB during the webinar of the Warsaw Banking Institute.

What does the use of robots in production, connecting them via the Internet of Things, collecting and analyzing data by artificial intelligence in cloud computing give in practice? The Chinese company Foxconn Technology Group, producing, among others devices sold with the logo of a bitten apple, used mixed reality technologies, artificial intelligence and the Internet of Things to properly select employees to operate machines, predict maintenance based on historical data, used data analysis methods.

The labor productivity of the people employed there increased by 200 percent. Machine utilization improved by 17%. Stocks decreased by a quarter. This year, Foxconn joined the “Global Lighthouse Network”, a list of industrial companies announced by the World Economic Forum (WEF) that has completely leapt to the “era 4.0”. So far, there are not many of these lighthouses, only 69 in the world. But 3 years ago, there were only 18 of them.

– Technology is what enables changes – said Andrzej Soldaty.

What are these technologies? It is the Internet of Things, creating a network of connections between devices, very often autonomous robots. Through it, they can “talk” to each other, as we do, via communicators in smartphones. As a result, they perform programmed tasks and pass the data on to others. This data goes to large collections, which artificial intelligence analyzes and on its basis creates the information needed to improve production. Of course, it “does” to cloud computing.

– The basket used by Industry 4.0 creates over 100 technologies – said Andrzej Soldaty.

Some of these technologies have been around for decades, but now they have a chance to meet each other in one factory. Production began to be automated 50 years ago. A revolutionary breakthrough was brought about by the speed of data transmission and the amount of computing power. Today, one gigabyte costs a dozen cents, and in the past one billion dollars was paid for it.

– The purpose of using the technology is to change the model of industrial activity. Unlocking the potential of the equipment in terms of production, and on the other hand, better responding to the needs of the market – said Andrzej Soldaty.

Industry 4.0 is the concept used for the first time in Germany’s economic plans 10 years ago. It was then seen as a means to increase productivity and competitiveness. Two years ago, Germany came to the conclusion that Industry 4.0 is not only about robots and productivity, but also production activities that have a natural impact on the environment, increase the resilience of the economy and strengthen human potential.

Katarzyna Śledziewska, professor and director of the DELab center at the University of Warsaw, says that another concept of the economy is the “cyber-physical” world “built over” over the real world, ie the metaverse, as Facebook recently defined this concept. In the metaverse, data analysis and calculations take place, there are relations between the participants of communication.

It’s not just us mortals who have trouble understanding what Industry 4.0 is and how it will change the world. Also Polish enterprises – despite excellent, creative and unique on a global scale individual initiatives – are still far from digital maturity.

EU research by DESI shows that in Poland only 9 percent. enterprises intensively use digital technologies, while in Finland – 40 percent. Only 3.4 percent. Polish workers have even written a line of software code in their lives, when, for example, in Denmark – 14 percent. In Poland, for 10 thousand. 52 robots work, while in Korea – 950 robots.

Katarzyna Śledziewska says that the greatest barriers to the digital transformation of Polish companies are the lack of understanding of the challenges it brings and the shortage of digital skills of employees. In this situation, the Polish financial sector is looking at the digital transformation and recognizes the risks associated with it.

Because in addition to bright examples of successful transformation to industry 4.0, there are also examples of failures that even global tycoons have scored. The well-known manufacturer of sports clothing Adidas in 2016 and in 2017 opened two so-called fast factories with a high level of automation, which were to accelerate the path of products to the markets. Instead of in Asia, he located them in Europe. In 2020, he withdrew from these projects and returned to outsourcing shoe-making in Asia, although he transferred some innovative solutions there.

– The risk is much lower when private money is added to public money – convinces Piotr Natkański, director at Bank Gospodarstwa Krajowego. And 30 percent. EU funds in the budget perspective for 2021-2027 is to be allocated to digital transformation. The Polish banking sector, thanks to EU funds – as long as Poland is able to use them – will be able to increasingly participate in the financing of Industry 4.0 and to add private financing to EU funds.

Piotr Natkański adds that banks are willing to engage in financing solutions that are ready for implementation and see the possibility of achieving higher sales revenues by the financed enterprise thanks to them. However, they avoid financing experimental and research works, the implementation of which is not at all certain.

– The new perspective is to fill this gap a bit – said Piotr Natkański.

The point is that in the new perspective, the company will be able to apply for co-financing of a project consisting of even several modules. They can be a research and implementation module and additionally, for example, limiting the negative impact on the environment, zero-emission energy or investments in human capital

Stefan Życzkowski advises financial institutions on the use of the Astor Technology Index. Astor is a Polish company dealing in technological consulting for enterprises. The index is very simple – the numerator is depreciation of machinery and technological lines, and the denominator is the wage bill. The average Polish company spends 10 times more on the payroll fund than on capital expenditure. A good company is one that spends five times as much on wages.

He also believes that banks should ask companies applying for financing why they want to buy such and not other solutions from this and not another provider. Why? Because Polish companies almost always buy at the lowest price, not paying attention to the return on investment.

– This is the biggest mental and cultural problem of our companies – said Stefan Życzkowski.

Piotr Wiśniewski, president of DBR77, which creates a platform that allows companies to define their needs in the field of automation and robotization, says that Polish companies have a big problem with the selection of technology and determining the efficiency that they would like to achieve thanks to robotization. They often cannot afford investments or are afraid to make investment decisions. The prospect of a digital revolution is paralyzing for them. And thus the nail factory remains the same nail factory.

Jacek Ramotowski


About Alex Marcell

He likes dogs, pizza and popcorn. Already a fanboy of Nintendo and Sony, but today throws anything. He has collaborated on sites and magazines such as GameBlast, Nintendo World, Hero and Portal Pop, but today is dedicated exclusively to Spark Chronicles.

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