Accelerating Collective Innovation: Investing in the Innovation Landscape

Transcription

1 PCB Executive Forum Accelerating Collective Innovation: Investing in the Innovation Landscape How a Major Player Uses Internal Venture Program to Accelerate Small Players with Big Ideas Dr. Joan K. Vrtis CTO, Multek Technologies VP Flex, Technology

2 Accelerating Collective Innovation: Investing in the Innovation Landscape Dr. Joan K. Vrtis, CTO Multek Technologies & VP Flex, Technology PCB Executive Forum: APEX San Diego

3 Multek: A Wholly Owned Subsidiary of Flex Rigid Printed Circuits Flexible Printed Circuits Rigid Flex Printed Circuits Printed Electronics Sheldahl Materials Assembly Delivering Powerful Interconnect Solutions that Enable Our Customers Success Our Values: Fast, Creative, Collaborative, Reliable & Competitive Talent

4 We Work Globally, Across Industries Telecommunications Computing / Storage Mobile Wearables Connected Home / Consumer Electronics Industrial / Commercial / Instrumentation Energy Medical Automotive Aerospace / Defense 4 Advanced Engineering Group

5 Multek Provides End-to-End Interconnect Solutions Rigid Printed Circuits Flexible Printed Circuits Rigid Flex Printed Circuits Printed Electronics Sheldahl Materials Assembly Product Lifecycle ADVANCED ENGINEERING NPI MANUFACTURING Interconnect Technology Center San Jose, California Zhuhai, China WW Application Engineers MFC Innovation Labs Northfield, MN, USA Prototyping Quick Turn 8 Global Sites Facilitated transfer from prototype to mass production Multek China: 5 facilities with over 20M sq. ft. annual capacity, assembly Silicon Valley, CA Multek U.S.: 2 facilities with over 20M sq. ft. annual capacity MFC Innovation Labs Northfield, MN Zhuhai, China Philippines: 1 facility with over 72k sq. ft. annual capacity, assembly Advanced Engineering Group

6 Overview Technology Acceleration Factors Technology Transformation & Opportunities Tapping the World s Innovation Landscape Funding Innovation: The Start-Up Portfolio Translational Opportunities An Example 6 Advanced Engineering Group

7 The world has changed

8 Global Scale & Reach $24B revenue 100 sites in over 30 countries 200,000 employees 2,500 design engineers 50M sq. ft. of manufacturing & services space 12,500 New products launched per year 8

9 Powerful innovation and engineering presence San Francisco Silicon Valley Boston New York Israel Shanghai Innovation Nodes Design & Product Introduction Centers 9

10 Technology Acceleration Factors 10

11 World GDP per capita is accelerating ($ USD) Industrial Age Modern Age Information Age Intelligence Age 10,000 1,000 2x every 100 years 2x every 40 years 2x every 25 years 2x every 15 years 100 Source: World Bank, Maddison Project, De Long- UC Berkeley

12 Years Electricity (46 yrs) Faster technology adoption Years until used by 25% of U.S. population Telephone (35 yrs) 1876 Radio (31 yrs) 1897 Television (26 yrs) PC (16 yrs) Mobile (13 yrs) 1983 Web (7 yrs) Source: Economist 2014

13 Today s market forces Faster Product Cycles Growth of Asian OEMs Increased Regionalization Supply Chain Complexity 13 More Disruptive Products New Hardware OEMs Innovation on the Rise Global Citizenship Intelligence of Things TM

14 Technology Transformation & Opportunities 14

15 Powerful technologies are transforming business Information Free Real-time Mobility Anyone Anywhere Anytime Cloud Massive power Unlimited scale Minimal cost

16 By 2020, the Intelligence of Things will bring 50 billion connected devices to market, creating $7.1T in TAM. (versus an estimated 10 billion connected devices today) Cisco 2013 & IDC 2014

17 The opportunity is massive Health $170B-$1.6T Worksites $160B-$930B Retail $410B-$1.2T Logistics $560B-$850B By 2025, $ T potential economic Cities $930B-$1.7T Vehicles $210B-$740B Factories Home $200B-$350B $1.2T-$3.7T Offices $70B-$150B (McKinsey 2015)

18 Tapping the World s Innovation Landscape 18

19 We Create the World s Largest Hardware Innovation Hub Access to new & tested technology building blocks Development partner ecosystem Improved product reliability Accelerate time to market Early stage engagement Entry into new & adjacent markets Experienced design & engineering teams

20 Ecosystem built for innovation from sketch-to-scale Cultivate and accelerate collective innovation Develop the smart components that enable intelligence Identify and leverage technology across industries Commercialize relevant product solutions LabIX Sensors & Actuators Medical Concepting Consortia Human Machine Interface Energy Design & Engineering Investments Connectivity Automotive Prototyping Suppliers Smart Software Agriculture New Product Introduction OEMs Power & Batteries Industrial & Automation IP Protection Employees Flexible Technologies & Miniaturization Consumer Connected Living Certification Centers of Excellence Security & Computing Aerospace & Defense Manufacturing Startups Retail & Fashion Distribution & Logistics Research Institutions Components Reverse Logistics Universities Lighting Market Expansion Wireless, Networking & Optical End of Life Server, Storage & Security Active Tracking Converged & Cloud Infrastructure

21 Funding Innovation: The Start-Up Portfolio 21

22 Flex Lab IX helps emerging technology startups bring to market technologies that make tomorrow s disruptive products possible. We source, qualify, and scale startups providing a collective innovation environment allowing Flex to enhance the conversation with potential and current clients.

23 Market Intelligence: Future Technology Trends Alignment of Investment In LabIX Companies Technology Used Across Market Platforms Technology or Product Differentiator Accelerator to Market Value Add to Core Competencies Advanced Engineering Group

24 Flex Lab IX Focuses on the Following Areas Human Machine Interface Security & Computing Digital Health Sensors & Actuators Wearables Connected Living Digital Health Smart Software Connectivity Technology Focus Market Vector Focus Flexible Technology & Miniaturization Micro-electronics Sewing & Textile Battery & Power Smart Energy Connected Transportation Smart Agriculture Mobility & Cloud Automation & Robotics

25 Flex Lab IX Portfolio Highlights Technology Alignment Security & Computing Smart Software Battery & Power Sensors & Actuators Flexible Technologies & Miniaturization Connectivity Human Machine Interface Autonomous crime prevention robots 3D augmented interactive reality platform Smart drones for transportation Ultrathin, flexible, rechargeable batteries Smart adapter to wirelessly control lights Biometric smart clothing Portable breath analysis platform Advanced adaptive irrigation system Women's health device Stretchable biometric circuits and sensors Miniaturized global navigation modules High-speed contactless data connectivity Low power Wi-Fi chip for wireless peripherals Shared, interactive shopping list 3D display technology for personal use Analytics for home & building automation Landscape computing solutions for smart cities Mood enhancing / altering wearable Brain sensing headband Secure long range wireless network Force-sensitive touch technology Electro-adhesion technology Extending the cloud via smart storage hub

26 Translational Example Augmented Reality 26

27 3D augmented interactive reality platform and glasses Mobile computing, power optimized human input detection Gesture recognition algorithms

28 Translation to Core building blocks across applications Consumer Connected Living Develop 3D augmented interactive reality platform & glasses Automotive Industrial 4.0 & Design 28

29 Summary Accelerating Technology Adoption Utilizing the Broad Innovation Landscape Collaboration with Start-Up Companies to Complement Flex Core Technology Risk-Reward Benefit and Balance Revenue for Volume Manufacturing Technology Used Across Market Platforms Technology or Product Differentiator Accelerator to Market Connecting the World 29

30 Thank You!