The collaboration will combine Hiroshi Otsuka, head of Musashi Seimitsu Corp that is partly owned by Honda, and Ran Poliakine, founder of Poliakine Innovation, they said on Tuesday.
Industry 4.0 is a term coined by German manufacturers for the digitalization and automation of assembly processes.
The partnership, among other things, will develop an automated guided vehicle (AGV) for industrial use. The innovation center will develop solutions to provide a safer and more efficient manufacturing environment that will enhance the global value chain, they said.
(Reporting by Steven Scheer; Editing by Tova Cohen)