Internet of Things (IoT)
The ever progressing linking of production equipment to the internet opens many new opportunities for companies and organizations as well as for individuals. According to Cisco, 500 billion devices will be connected and linked to the internet by the year 2030. Each device contains sensors that collect data, interact with the environment, and communicate via a network. IoT is exactly that – a network of these connected devices, and it generates data that is used to collect, analyze, and provide information in order to make informed decisions and develop targeted measures. Autonomous mill concepts are also based on smart utilization of IoT technology.
Forecasting, operational excellence activities, just-in-time manufacturing planning, sourcing production scheduling, new product development, time to market are all functions within manufacturing organization’s supply chain that can find immense benefits.
Artificial Intelligence (AI)
Much of what was pure science fiction until just recently is possible today thanks to AI. The progress made in the artificial intelligence sector is so enormous that there will be major changes in the interaction between human beings and machines in the next few years. These machines will learn to anticipate situations and take control themselves. Digital twin simulations, which are working with artificial intelligence, are already implemented in many production industries. These technologies will open hitherto undreamt-of process prediction opportunities, as well as further business strategies.
Being able to decode a specific manufacturing procedure and allowing a machine to adapt its parameters on the analysed information, with no human factor involvement, can allow for optimal manufacturing changeovers, will efficiently manage the inventory requirements and allow for better planning and cash flow management, will effectively manage the shift models that a manufacturing company puts in place and again optimize the complete E2E supply chain.
Data acquisition is easier than ever before thanks to digitalization. The problem today is that the volume of data collected is increasing enormously, while most of it will never be used. As a result, one of the digital trends for the next decade will deal with tools that can analyze, evaluate, and use data. More tools will follow as this digital trend is expected to increase and will be essential for autonomous manufacturing operations.
Advanced data analysis and AI in combination with increased access to data make it possible to carry out analyzes and distinguish connections that have previously been very time-consuming or impossible to identify. Being able to decode a specific manufacturing procedure and allowing a machine to adapt its parameters on the analyzed information, with no human factor involvement, can allow for optimal manufacturing changeovers, will efficiently manage the inventory requirements and allow for better planning and cash flow management, will effectively manage the shift models that a manufacturing company puts in place and again optimize the complete E2E supply chain.
Higher levels of automation of knowledge work, physical work and transport will drastically affect both productivity development and individuals’ everyday lives in the coming decade. Advances in Artificial Intelligence (AI), machine learning and smoother interfaces for interaction between humans and computers mean that knowledge work is increasingly automated and changed. Although in several cases automation can completely replace manual processes, the greatest value will be created by digital technology offering tools that simplify and enable increased productivity, rather than directly replacing labor.
The ability to collect, analyze and act on granular production data has a transformative impact on operations, especially in terms of productivity and ongoing optimization. Robots are perfectly positioned to capture elusive production data, as they work closer to the part than any other equipment on the factory floor.
Athanase Tech will be able to navigate the short-term returns requirements of hedge funds and the need for exits present within private equity. In addition, Athanase Tech will be able to invest and own companies through different stages of development, from private to public, and take part of the liquidity premium created on the equity market. Athanase Industrial Partners will provide Athanase Tech with seed funding to ensure sufficient scale to attract institutional capital.
Invest in both private and public companies
Athanse Tech will offer both investors in Athanase Tech and institutional fund investors the opportunity to invest, together with Athanase Tech and by extension Athanase Industrial Partners, in unlisted companies. In addition, this will entail taking part in a joint starting point for value-creating business development and the opportunity to take part already from the outset, but in a listed environment. Athanase Tech believes that there is a high demand from investors to take part in these types of opportunities, which otherwise often are reserved for institutions able to invest in more traditional private equity and venture capital funds, which, in turn, often are associated with high hurdles and minimum investment requirements.
Exposure to rapidly growing and disruptive companies
Athanase Tech will search for and invest in portfolio companies that have a leading market position in their respective industry and with exposure to strong structural trends providing fundamental growth. The focus will be on ensuring that the companies’ core competence has the possibility and the capital to achieve long-term growth and value creation. Athanase Tech will have access to a large network of both internal and external advisors that will support Athanase Tech in sourcing new opportunities. Athanase Tech will identify and carefully evaluate prospective targets based on their market, competitive advantages, how unique the offer is as well as the entry barriers for competitors.
Long-term investment horizon
Athanase Tech will have access to permanent capital that Athanase Tech will be able to deploy alongside external fund capital. As such, Athanase Tech will have the ability to truly be long-term with its investments and remain committed to the value-creation journey with increased persistence, allowing for a more hands-on approach. Athanase Tech believes this to be both a fundamental building block for creating shareholder value but also to be an attractive counterparty for prospective targets compared to more traditional private equity and venture capital funds with pre-determined investment cycles of typically around 5-7 years.