JERUSALEM, Jan. 15, 2019 /PRNewswire/ -- Hiroshi Otsuka, Japanese industry leader and head of Musashi Seimitsu corporation, partly owned by Honda Motor Co, and Ran Poliakine, Israeli technology pioneer and founder of Poliakine Innovation, are partnering to develop artificial intelligence applications that will enable the future of Industry 4.0. The international partnership will be signed during the Economy summit held today in Jerusalem with the presence of Japan and Israel Governmental ministers of Economy.
Japan-based Musashi and Israeli-based Innovation Center have declared a partnership to develop AI applications that will enable the future of Industry 4.0. Musashi organization, a global leader in powertrain parts manufacturing with more than 30 global manufacturing plants including differential assemblies, transmission gears, camshafts as well as Linkage and suspension parts, has joined forces with Ran Poliakine, head of the Jerusalem-based Innovation Center that brings together great technological minds in the area of Artificial Intelligence, SW engineering, HW engineering, mathematics and physics.
"Industry 4.0 represents the fourth technology revolution and introduces the smart factory: a new world of disruptive innovation that is analogous to the internet revolution and driven by AI where machines are communicating and cooperating with each other and humans in real-time," said Mr. Cohen of the Israeli Ministry of Commerce. "Bringing together the very best of technology and innovation from forward-thinking companies in Israel and Japan enables fast acceleration towards the dawn of this very exciting new technological era."
The partnership, for example will engage in the mutual development of an Automated Guided Vehicle (AGV) for Industrial use. The Innovation Center will develop solutions to disrupt manufacturing and production domains, therefore providing a safer and more efficient environment that will enhance the global value chain.
"In a complex and evolving industry, AI is a key component that will lead us into the future," said Hiroshi Otsuka. "I am enthusiastic to engage in a global role, partnering with Ran on the development of artificial intelligence and visual inspection applications."
"Our relationship will convene established industrial players with new AI innovators to optimize the opportunities Industry 4.0 will deliver on a global scale," said Ran Poliakine. "It is an honor to work alongside Hiroshi and his capable team, combining the best of both worlds and to underscore values and expertise that define the meaning of collaboration."
About Musashi Seimitsu Industry Co., Ltd
Musashi Seimitsu Industry Co., Ltd. ("Musashi") is a TSE listed company (TYO: 7220) with $2.3 billion revenue, 80 years of history, and 16,000 employees in 12 different countries. Musashi manufactures Power Train parts—including differential assemblies, transmission gears, and camshafts—as well as linkage and suspension parts like ball joints and arm assemblies.
In 2016, Musashi acquired European base "Hay Holdings" and renamed it by adding the "Musashi" brand to every subsidiary of the company name. this act accelerated the synergies advanced the introduction of Musashi brand to the region.
About Poliakine Innovation
Serial entrepreneur Ran Poliakine founded successful companies like Illumigyn, Wellsense, nanoX Technologies and Powermat Technologies, the original wireless charging solution. Mr. Poliakine is passionate about "using technology for good," and his Jerusalem-based Innovation Center brings together great technological minds in artificial intelligence, engineering, mathematics, and physics.
Media Contact: Amy Farrell, 617-366-7149, [email protected]
SOURCE Ran Poliakine