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Starting the year right we successfully managed to establish the Joint Venture ACES Smart Solutions! Together with our partner in Malaysia, the East Coast Economic Region Development Council (ECERDC), the first virtual Board of Directors meeting took place in February 2021. The "Asia Center of Excellence for Smart Technologies" (ACES) aims to foster digital business opportunities in accordance with the German Industry 4.0 standard. Through strategic partnerships between industry, academia and government, ACES will be a regional hub providing wide-ranging Industry 4.0 solutions including advisory, consulting and training services for businesses in Malaysia, ASEAN and ASIA.
 
As one of its services, ACES provides a Technology & Application Center which facilitates an organizations’ transition to Industry 4.0 by formulating a road map for implementing a technology project pipeline for each customer’s specific needs. This includes identifying the key areas for technology application and process optimization that increases the productivity, efficiency and quality levels. ACES furthermore develops and delivers Industry 4.0 training programs that are individualized to each organization’s needs. These programs range from capability building for the C-suite to certification courses for executives and professionals. Finally, ACES supports entrepreneurs in their journey to turn an innovative idea into a viable business by enabling the necessary ecosystem for growth, capacity-building, and mentorship.
 
TUMint’s CEO Mrs Friederike Hettinger and Mrs Jana Legtenborg are appointed members of the ACES Board of Directors and are looking forward to meeting the new potentials, challenges and opportunities. Both parties, TUMint and ECERDC, will work closely together to bring the ACES vision and its objectives through this Joint Venture to life.

#digitalization  #industry4point0  #digitaltransformation  #innovationecosystems  #entrepreneurship