 So thank you very much for your point Natasha. Now we stay in IOT but more in the manufacturing space and I will give the word to Marco with a German sorry Tariq with a German entrepreneur and we'll present to you what his company is developing and what he believes will have an impact on our life going forward Thank you very much We are a little bit now about IOT and maybe for a consumer perspective and I want to share some insights for our work life and Tariq from Proglove and we are young company from Munich in the manufacturing and logistics industry and We believe that despite all automation The worker human worker will still be crucial for the future of the industry We just have to equip him with the right tools with the right technological tools just like industrial IOT So what we do we we basically had a look at the industry and How the industry is shaped and what drives innovation in the industrial sector and we saw That there are two different stakeholders in the end. We have on the one hand decision-makers process owners plant owners warehouse owners Who are very interested in how to optimize their processes? They have to deliver a certain parcel at a certain time to a certain customer and on the other hand, we have people who operate who create the value by assembling a car by packing the packages and deliver it and both ends Have one big problem one big issue in this transforming world. It's efficiency it's on the one hand trying to make things faster in order to save money or on the other hand to create better process quality while not you are losing time and We had a closer look especially at manufacturing in the automotive sector And we saw that all operators have one thing in common They all wear gloves and this is where pro gloves come in because we made those gloves smart We made those gloves into an industrial IOT feature I'd like to present those gloves also to you You can just slip in It's a module on top a small computer a camera tracking device motion sensors optic acoustic and haptic feedback options and You have even a trigger a textile trigger at the side of your index finger when you push this trigger You actually can see that the engine is released so people use it nowadays at IKEA at BMW at all types of grocery stores to Identify objects and to make sure that they assembled the right part at the right time So by pressing the button you can actually see a Feedback on the back of your hand and you can sense it as well. So it's good for three things It's increasing speed because I don't have to use a separate tool anymore At second it improves quality because the worker knows exactly at the time he identifies the object Whether it was right or wrong And at third it gives us more insights more traceability on how the processes are designed and how at the real world environments Actually the workforce behaves inside a warehouse or inside the manufacturing side and I'd like to even Invite you to to have an example not here on stage, but actually at manufacturing line in Munich of BMW if the video works Yes, it'd be great So just to give you the perspective about the speed and about What drives those people? They actually have to assemble a car every 53 seconds and they have to make sure that they use the right parts and assemble them in the right order Exactly that time that means every second that they can save is crucial to them And if you can do it in a more ergonomic way, it's good for the worker We heard those needs actually also here in the conference on Friday by Airbus who mentioned that if in a multinational Supply chain value chain if truck drivers get controlled at the border and Lose two minutes. It's actually real money that Airbus is losing them So we cannot save this two minutes, but we can provide actually a few seconds to improve the processes over there With regards to regulation But that there also comes issues in this new technology We have a technology attached to the worker and all unions of course at first say, okay What are you doing with this data? What about privacy issues? What about the privacy of? my worker and I actually want to give you an example from Inquiry at the earlier stage of our company where big US manufacturer asked us what can you track with your glove? I imagine my workforce just like a football team with the players on the field and When they don't perform I want to exchange them and This is a boundary for us That's that we don't want to address. We think that we can address problems in the industry While giving data a nominized data to the process owner But it's up to regulation to define how much traceability We can use or how much traceability the company owners can use to optimize the processes and I think What I saw during the last days It's important to understand for us that the pace of technological change is As high and we need to keep up in terms of regulation with this pace and With this I'd like to basically hand over to the regulation part and see how Technology can also improve regulation itself. Thank you Thank you, Tarek making the link to one of the element that Matilda introduced at the beginning you you showed the type of Policies that would be affected here and it's clearly labor policy You should know on top now that not only people will wear gloves, but they were Helmet earphones where they are given instructions by machines That tells what is the next action to be done So at the end of the day what what is the relationship with Between the human and the machine considering that in the warehouse space for instance It's human less so today the way the warehouse is our managers without humans You cannot do it on the manufacturing chain So this is the evolution and that's back to the augmentation that technology can bring but in which conditions So thank you, Tarek. That was very clear