For Immediate Release
July 10, 2020
Foxconn Hosts Smart Manufacturing Web Conference, Launches iAI Institute
Milwaukee, WI –Foxconn Technology Group (Foxconn), today hosted a Smart Manufacturing Web Conference and announced the launch of the iAI Institute, an initiative focused on training the workforce of tomorrow and sharing Industrial AI knowledge across industries.
“Foxconn has pulled together a group of renowned experts from the World Economic Forum, National Institute of Science and Technology, GE, PARC, University of Cincinnati and PHM Society to bring a spotlight on Wisconsin and the future of manufacturing across the country,” said Dr. Jay Lee, Vice Chairman and Board Member of Foxconn Technology Group. “With Foxconn’s Industrial AI investment in Wisconsin, we look forward to engaging businesses and industries by sharing how Industrial AI–supported by technologies such as high-performance computing, big data, and 5G Networks-can strengthen productivity and business performance that helps companies transform with new opportunities.”
Foxconn’s iAI Institute is offering introductory online iAI courses to help optimize businesses through data-driven and problem-oriented solutions. The iAI Institute currently is led by Dr. Keyi Sun who previously led the Lighthouse Academy for Foxconn World Economic Forum (WEF) Lighthouse smart manufacturing training activities.
“The iAI Institute’s vision is to transform skill sets that will share the workplace and redefine the skills required in the global competition for jobs,” said Dr. Keyi Sun.
“The global pandemic has caused constraints for many businesses ranging from market demands, to supply chain risks. Foxconn has seen the value of optimized factories that reduce downtime throughout the manufacturing process and by having a trained workforce that understands Industrial AI as a ‘new must.’” said Dr. Lee. “By harnessing the power of Industrial AI, decision-makers, engineers, data scientists and assembly line operators can optimize value within their organizations across a broad spectrum of subject matter from manufacturing efficiency, quality of product output, and energy management.”
Due to COVID-19 and social distancing practices, Foxconn’s Smart Manufacturing Conference was held virtually. To register for iAI online courses, please visit the following link and to learn more about the iAI Institute, visit: www.iaiinstitute.com.
Foxconn Technology Group
Established in 1974, Foxconn Technology Group (“Foxconn”) is a leading technological solution provider, that has leveraged its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies.
By capitalizing on its expertise in Cloud Computing, Mobile Devices, IoT, Big Data, AI, Smart Networks and Robotics/Automation, the Group has expanded capabilities in four key technologies – Data Tech, Analytics Tech, Platform Tech, and Operations Tech. The company has research centers and testing laboratories internationally and has received more than 83,500 patents worldwide. In addition to maximizing value-creation for customers, Foxconn is also dedicated to enhancing the concept of environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises.
In 2018, Foxconn achieved US$175 billion in revenue, and has received an array of international accolades and recognition. The company was ranked 23rd in the Fortune Global 500 rankings in 2018 and 215th in the Forbes ranking of the World’s Best Employers that year. In 2019, the company was ranked 21st for Sales and was ranked 123rd overall in the Forbes Global 2000.