We had a meeting with Bosch, a world leader in industrial production and automation technologies, to discuss the possibility of collaboration in setting up a "Applied Solutions Laboratory" in our university. In this meeting, we and Bosch expressed our intentions to collaborate in developing common strategies and joint projects ideas. This lab is intended to be used as “Industry 4.0 IoT Experience” platform for education and research purposes and also for university-industry collaborations. Our university makes every effort to establish collaborations based on mutual benefits.