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“General State of Mechatronics” for Industry 5.0 held in Bergamo

"General State of Mechatronics" for Industry 5.0 held in Bergamo, but 22% of Italian companies do not plat to use AI in their business
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Treviso, February 5, 2024 – The “Stati Generali della Meccatronica,” (the “General State of Mechatronics”) was held recently, an event organized by the A&T International Fair in collaboration with Confindustria Bergamo, the mechatronics consortium Intellimech, the Intelligent Factory Cluster and the Innovation District Kilometro Rosso. The event seeks to understand how companies – and particularly SMEs – can use the new tools provided by artificial intelligence in the most strategic and profitable way.

Among the main focuses of the event was the importance of applying a 5.0 approach to connect enterprises’ tangible and intangible assets. The discussion focused particularly on two issues: the technologies required to allow industries to access the international arena and the centrality of data analytics to business. Despite the fact that the European Union is pushing in this direction, data from Italy’s Digital Transformation Observatory show that 22% of Italian companies do not make use of AI-based technologies and do not plan to adopt them. The reasons for this relate chiefly to the lack of a clearly defined function within the business (67% of cases). This is followed by regulatory risks (33%), lack of skills (28%) and simply the lack of a need to invest in AI (22%).

The importance of this transition to Industry 5.0 is well understood by those that are central to it. “The business world has entered a new phase of profound change,” says Giovanna Recuperati, Chairperson of Confindustria Bergamo. “Following the great impetus provided by Industry 4.0, we are now faced with Artificial Intelligence challenges that affect everyday life and are increasingly significant in industrial processes and activities. First and foremost, we must keep our eyes open and ensure that we are always ready for those future opportunities which could have a particularly profound impact.”

According to the European Union, the challenge is to guide the digitally governed industry (Industry 4.0) towards sustainability, human-centricity and resilience, against a broader backdrop in which humans and machines make each other mutually stronger (Industry 5.0). SolidWorld group, a holding company specializing in providing turnkey 5.0 projects, is one of the enterprises with a role to play in this transformation. SolidWorld works with SMEs in their innovation process, and particularly in setting up state-of-the-art factories. The company provides customers with integrated and interconnected systems using the best 3D digital technologies in both hardware and software. SolidWorld will also make a difference in the transition to Industry 5.0, confirming itself as a leader and offering advanced technologies and innovations for the enterprises of the future.

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SolidWorld Group S.p.A. is the parent of a group of 11 companies founded in the early 2000s by engineer Roberto Rizzo. Listed on the Euronext Growth Milan segment, the Group is a leading developer and integrator of the latest and most comprehensive digital 3D software and hardware for manufacturing companies, supporting and accelerating their journey to Industry 4.0. Thanks to SolidWorld, all stages of production – as far as sale and recycling – are integrated using technologies that make the production process faster and more sustainable and efficient. It operates through 14 offices and 3 technology hubs and has over 150 employees and more than 9,000 client enterprises. In 2023, the Group began mass production of Electrospider, a 3D bioprinter capable of reproducing human cell tissues and organs. The acquisition of Valore BF 3d S.r.l. was finalized in 2023, which SolidWorld saw acquire a new client base. In 2023 it completed the transfer of a technology business unit from Formula E S.r.l., a company of the Vismunda S.r.l. Group, a world leader in automation for equipment focusing on the renewable energy sector. The SolidWorld Group reported revenues of Euro 33.1 million in H1 2023, with a value of production of Euro 35.2 million and EBITDA of Euro 2.8 million. The company has been listed on the Euronext Growth Milan segment of Borsa Italiana since July 6, 2022 (with ticker S3D).

Contacts:

Investor Relations Manager
Elisabetta Cammarata
investor@solidworld.it

TWIN Srl – Corporate Media Relations
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Brando Fioravanzi
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Federico Bagatella
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Chiara Bortolato
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Euronext Growth Advisor & Specialist
Integrae SIM | info@integraesim.it | T: 02 9684 6864| Piazza Castello, 24 Milano

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