3FOOD

Third Industrial Revolution Consulting Group
5.4.1 Preferably, as with all of the other proposals, the objective is to align initiatives so that
the accumulated learning curves and experience curves provide spillover, crossover and
transversal benefits.
5.4.2 A large and expanding portfolio of public and private financial tools have become
available, spanning a broad range of discount rates, IRR requirements, diversified risk
strategies, differing timeframes, and levels of financing.
5.4.3 Familiarity with and experience in using these diverse financial instruments is a valuable
component of developing an IoT-based Knowledge-as-a-Service.
6 Educational
6.1 Make companies fit for digitization (Internet of Things, IoT); define support measures –
check if R&D support measures are available (e.g. the new R&D law) for digitization of
production process. A set of disruptive digital technologies will transform the
manufacturing industry. The digitization of the manufacturing sector will become a reality
and a challenge for industrial companies. It is, at the same time, an opportunity for the local
players to render their production more efficient, to save on resources, time, money and
energy and to focus on the real added value. Therefore, technical guidance and financial
support will be needed, especially for SMEs. Stakeholders to include: companies, Fedil,
Luxinnovation, Chambre de Commerce, and the Ministry of Economy. Challenges include
raising awareness among companies that digitization of production processes has become a
reality. Give guidance on: How will digital disrupt existing industries/business models?
Where should a company make investments in infrastructure, cybersecurity, and
partnerships? Build use cases/showcases (IoT/Digitization of production process) to
demonstrate to companies what is possible and feasible, through PPP projects, e.g. LIST,
University plus three to five companies. How to handle the huge amount of data collected?
How to make value out of it? For example: “Big Data in Manufacturing”; sensitive robotics;
energy and resource efficiency, etc. What can be the role of the existing Learning Factory
(http://www.learningfactory.lu/)? Educate students and industry in “Operational
Excellence.”
6.2 Expand re-skilling and up-skilling workers in a digitalized and automated work
environment. Investment in initial education to provide future workers with the high skills
needed to leverage technology advances. Reform of the vocational training policy to ensure
ready access to retraining services so that every employee has a fair shot to react to
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