CyberFactory#1 has its fourth strategy meeting in Oulu, Finland from January 28th to 31st, 2020. Day zero focuses on working package three (WP3) “Modeling and Simulation of Factory of the Future (FoF)”. The objective is to obtain a common picture about what are the achievements of WP3 and how these results will support the subsequent WP4-WP6. Furthermore, there is a distribution of knowledge on existing frameworks / tools for the modeling and simulation as well as the identification of synergies and gaps. In the afternoon, there will also be the kick-off of WP5 “FoF dynamic risk management and resilience”. Day one will focus on the preparation of the ITEA one-year review, happening on Thursday, day two. The review will focus on the progress and first preliminary results of the first year of CyberFactory#1. Day three will focus on the management of the overall project, what inputs partners require from the others, which outputs can be expected from the ongoing WPs, and what are the next working steps.