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COVID-19 Forces Companies To Evaluate How They Operate And Embrace Technological Investment

COVID-19 Forces Companies To Evaluate How They Operate And Embrace Technological Investment

The Coronavirus outbreak and the worldwide reaction to the pandemic will force companies to radically rethink how they operate and embrace technological investment, states global tech market advisory firm, ABI Research.

READ: Coronavirus Outbreak Reveals the Weakest Links In The Supply Chain

In its new white paper, Taking Stock of COVID-19: The Short- and Long-Term Ramifications on Technology and End Markets, ABI Research Analysts look at the current and future ramifications of COVID-19 across technologies and verticals. Analysts also offer recommendations to weather the storm and strategies to help companies rebound and prosper after the pandemic has slowed.

“To effect change, there must be a stimulation of a magnitude that means companies cannot do anything but make bold decisions to survive. COVID-19 is that magnitude,” explains Stuart Carlaw, Chief Research Officer at ABI Research.

READ: Coronavirus Hits Automotive And Aerospace Supply Chains

Bold decisions and technological investments could lead to outcomes such as:

  • A more concerted and widespread move to lights-out manufacturing
  • Increased usage of autonomous materials handling and goods vehicles
  • A more integrated, diverse, and coordinated supply chain
  • Investment in smart cities to support community resilience
  • A move to virtual workspaces and practices
  • And so much more

“Before we feel this potential long-term impact, there will be some serious short-term implications. Contractions in consumer spending, disruptions to supply chains, and reduced availability of components will create a rough sea for all boats,” Carlaw says. “In the short-term, there will be a retrenchment in outlooks a reduced investment in modernisation, as survival instincts trump the drive to prosperity.”

 

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Siemens Advances Digital Transformation With Its Advanced Manufacturing Transformation Centre In Singapore

Siemens Advances Digital Transformation With Its Advanced Manufacturing Transformation Centre In Singapore

Siemens will be setting up an Advanced Manufacturing Transformation Centre (AMTC) in the Jurong Innovation District (JID) alongside Bosch Rexroth, ISDN, A*STAR Singapore Institute of Manufacturing Technology and the National Metrology Centre. The AMTC will provide guidance and support to manufacturing facilities in ASEAN on their journey of adoption, transition and transformation towards advanced manufacturing. Showcasing Siemens digital enterprise solutions, it enables companies to create a digital twin model in order to simulate and evaluate its operations in a real manufacturing environment.

Furthermore, the AMTC will house its first Additive Manufacturing Experience Center (AMEC) outside of Germany, where companies can experience an advance end-to-end additive manufacturing production line with their technology partners. Companies will be able to carry out prototyping and low volume production with the support of our on-site Additive Manufacturing experts, enabling a smooth transition and transformation to in-house advance manufacturing.

Not only is the AMTC a facility for research and development activities for additive manufacturing, it will also be an advance manufacturing ecosystem with operational production capabilities.

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CEBIT ASEAN Thailand 2019 Presents The Most Comprehensive IT And Digital Business Platform For SMEs

CEBIT ASEAN Thailand 2019 Presents The Most Comprehensive IT And Digital Business Platform For SMEs

CEBIT ASEAN Thailand 2019 (“CEBIT 2019”) is presents the most comprehensive IT and digital knowledge and business platform for SMEs to serve their needs in this digital era. The second edition is scheduled from 27 to 29 November, 2019, at Hall 7 IMPACT Exhibition & Convention Center, Bangkok, Thailand.

Digital transformation has disrupted businesses, including SMEs. In response, entrepreneurs are shifting their focus to technology to grow and sustain their businesses. 60 percent of SMEs in ASEAN are keen to invest in tech solutions and 73 percent of SMEs in Thailand prioritised ‘technology’ as their top investment. New development concepts to increase the business competitiveness require better innovations and implementation strategies. That is the key reason CEBIT 2019 is focusing on SMEs’ needs of technology to improve their businesses.

A wide range of SMEs and enterprise solutions at CEBIT 2019

CEBIT 2019 – ASEAN’s innovation and digitisation business platform for IT professionals and decision-makers, from startups to SMEs, is an important meeting place for professionals in the technology and digital industry; for business expansion; and knowledge fulfilment that cannot be missed. In the 2019 edition, CEBIT 2019 will be featuring up to 700 exhibiting companies and brands from 12 countries. Leading technology brands from across the world, specialising in business solutions; cyber security; data and cloud; smart solutions and IoT; as well as startups, will be at CEBIT 2019. Exhibitors include AML Systems Co., Ltd.; Data Wow Co., Ltd.; Gofive Co., Ltd.; Hitachi Systems Ltd; Humanise Co., Ltd.; Internet Thailand Public Co., Ltd.; Manage Engine; Pantavanij Co., Ltd.; SEC Consult Co., Ltd.; and whowho & Company. CEBIT 2019 is all set to bring together startups, top corporations, government agencies, incubators, investors and VCs.

Highlights @ CEBIT ASEAN Thailand 2019

A range of technology and digital industry experts have been invited to share their expertise and insights on current hot topics, including the following:

  • New Business Development with Innovative Management Concept in the Digital Disruptive Era by Software Park Thailand;
  • Smart Factory: IoT Process in Factory in Thailand by Thai Embedded Systems Association;
  • Trends & Opportunities in the SEA Region – Do global developments influence regional trends?
    by Thai eCommerce Association; and
  • Lifestyle Blockchain Platform by Thai Blockchain Association.

In collaboration Tech Talk Thai, Thailand’s top IT knowledge website, CEBIT 2019 is proud to present the CEBIT x Tech Talk Thai Conference – a gathering of more than 15 tech gurus to share key learnings surrounding the latest technologies, issues and trends. This is the opportunity to learn from industry leaders and practitioners, including Amazon Web Services, Bitdefender, Eaton, HPE Aruba, IBM, Netka, Nutanix, Oracle, Trinity Roots, and UiPath

Online registration to visit is available now at https://cebitasean.com/visitor-registration

 

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Schaeffler And Mitsubishi Electric Announce Global Strategic Partnership

Schaeffler And Mitsubishi Electric Announce Global Strategic Partnership

Mitsubishi Electric Corporation and Schaeffler Technologies AG & Co. KG announced a global strategic partnership as part of the [email protected] Alliance network. Since 2010 both companies have been partners in the [email protected] Alliance, which is part of Mitsubishi Electric Corporation’s [email protected] Concept. This concept supports companies with measures within the framework of the digital transformation, such as the integration of machine and plant data into MES (manufacturing execution systems) and ERP (enterprise resource planning systems).

Industry 4.0 scenarios are characterised by highly individualised products in very flexible manufacturing conditions. Along with production technology, Industry 4.0 also comprises digitally connecting components and machines. Dr. Stefan Spindler, CEO Industrial of Schaeffler AG, explained: “To provide Industry 4.0 solutions with substantial added value for the customer we need collaboration across different companies. With the technological expertise and systems know-how of Schaeffler and Mitsubishi Electric teamed up in this global strategic partnership, we will be able to offer intelligent solutions tailored to customer and market requirements to optimise manufacturing operations and equipment lifecycle costs.”

Mr. Noriyuki Shimizu, Executive Officer and General Manager of Factory Automation Overseas Division at Mitsubishi Electric, added: “Over the last years, we have successfully carried out joint projects in various countries in Europe and Asia. Now, we intend to intensify and expand our collaboration on a global level.” Schaeffler and Mitsubishi Electric collaborate to boost connectivity and to create Industry 4.0 solutions that reduce machine downtime and maximise productivity for the customer. For example, the machine protocol SLMP (seamless message protocol) implemented in Schaeffler condition monitoring systems enables vibration sensors to communicate bidirectionally with Mitsubishi Electric’s programmable logic controller and to transmit the characteristic values determined. The PLC processes the data into information, which is prepared as plain text messages and shown on a display. An additional integration level also allows the condition monitoring system to be connected with the PLC of the relevant plant via a network cable and Modbus protocol.

Schaeffler contributes concepts that combine mechatronic products, condition monitoring systems, and digital services to form application-specific 4.0 solution packages. These provide the basis for the creation of customised products and services whose main focus is always on the effectiveness of the overall system.

Mitsubishi Electric Corporation offers a vast range of factory automation and processing technologies, including programmable logical controllers (PLC), inverters, robots, servo-drives and HMI, helping to bring higher productivity and quality to the factory floor.

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Digital Transformation Of The 3D Measurement Industry

Digital Transformation Of The 3D Measurement Industry

Asia Pacific Metalworking Equipment News is pleased to conduct an interview with Quah Beng Chieh, Head of Marketing (Asia Pacific) at FARO Technologies regarding FARO’s achievements for 2018, the company’s aims for 2019, and the trends that will shape the industry in 2019.

1. Can you sum up your company’s focus and achievements in 2018?

FARO is well-attuned to the industry’s trends and demands, and we continually invest efforts into developing new 3D measurement technology to cater to our customers’ needs. In 2018, FARO launched several cutting-edge measurement solutions that were developed with our customers’ challenges in mind. The 8-Axis Quantum FaroArm, the world’s only eight-axis portable metrology arm solution, seamlessly integrates with any FaroArm to enable operators to rotate a part in real-time, relative to the arm. When used in conjunction with the newly launched Prizm Laser Line Probe, which scans objects in high-resolution 3D color, users can speed up and simplify the inspection of dimensional and surface character quality issues for molded parts due to the Prizm’s true-to-life functionality. Another significant product launch is the introduction of the 6Probe for the FARO 6DoF Laser Tracker — a fully integrated hand-held probe for easily probing hidden, hard-to-reach features. Together, the patented FARO Super 6DoF and 6Probe total solution addresses a wide range of large scale metrology applications across a variety of manufacturing focused industries, including automotive, aerospace, construction, heavy equipment and shipbuilding. All these have contributed to significant revenue growth on over 2018, despite a poor economic environment.

 

2. What are your expectations on the regional economy in 2019?

According to a report by Grand View Research, the 3D metrology market is gaining importance due to an increasing demand for improved products and services across end-use sectors such as industrial, automotive, and power generation. This rise in demand can be attributed to growing adherence to international quality standards across the entire industry domain which has also encouraged greater demand for metrology equipment and services. Likewise, we are also expecting the Asia Pacific 3D metrology market to grow significantly due to continued economic growth in emerging countries like China, India and Southeast Asia.

 

3. What business trends in Asia capture your interest for growth next year?

The 3D measurement industry is constantly evolving due to increasingly complex market needs and requirements, and thus requires constant innovation to ensure a steady introduction of varied solutions. Digital transformation of the manufacturing industry continues to gain prominence, urging manufacturers to look for solutions that will allow them to digitise information and digitalise processes in order to improve their organisation’s response to market changes. Solutions with advanced technology that empower customers to tap on data-driven collaborations for improved productivity are also expected to rise to prominence in the market.

In addition to solutions that enable manufacturers to efficiently digitise product designs and relevant 3D measurement data, FARO will also continue to introduce solutions like the FARO Visual Inspect — which offers companies new opportunities for enhanced collaboration across departments and production processes. Using complex 3D data previously unavailable in a production line, and an augmented reality function that is suitable for all working environments, 3D measurement technology like the Visual Inspect can help manufacturers streamline their processes to be more flexible and nimble, while taking into account increasing cost pressures.

 

4.What do you think is the key industry trend to watch out in 2019?

Over the last decade, manufacturers’ measurement needs have grown to become increasingly complex as the designs of their products have become more complicated. This will likely continue to be true as manufacturers push boundaries in the product development process. Effectively, we expect that customers will require even more innovative, advanced technologies that meet their sophisticated measurement needs.

Manufacturers’ preferences are also shifting from off-line quality inspection to near-line or in-line measurement techniques in order to enable higher sampling rates and shorter inspection times. This will drive growth in the integration of CMMs and optical scanners with assembly lines for greater effectiveness, efficiency, and improved quality control.

 

5. What potential and opportunity do you see in the industry next year?

The manufacturing industry is ever-evolving. Customers today are much more aware of what they want and need, demanding improved efficiency and innovative products, and this trend is catalysed by the accelerated development in technology. Organisations, regardless of their size and shape, can survive and grow if they adapt quickly and stay abreast of the current manufacturing industry trends. To better equip our customers to do just that, FARO is actively working to offer solutions with advanced technology that allow them to enjoy greater efficiency and convenience. As the economy continues to grow in Asia, companies will seek to expand their operations, optimise to reduce cost, and expand capabilities to capture new markets. We expect a rise in manufacturers’ demand for measurement and imaging solutions to tackle their evolving metrology needs, and our team will be ready to respond by educating users across Asia, about our solutions and how their businesses can benefit from incorporating our technology.

 

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Interview With Mr. Pierre Teszner, President & Regional Director, Southeast Asia At Rockwell Automation

Interview With Mr. Pierre Teszner, President & Regional Director, Southeast Asia at Rockwell Automation

Asia Pacific Metalworking Equipment News is pleased to interview Mr. Pierre Teszner, President & Regional Director, Southeast Asia at Rockwell Automation regarding Rockwell’s achievements for 2018, the company’s aims for 2019, and the trends that will shape the industry in the following year.

1) Can you sum up your company’s focus and achievements in 2018?

Rockwell Automation is the world’s largest company solely devoted to industrial automation. The Connected Enterprise, which is how we implement smart manufacturing capabilities for our customers, is at the heart of everything we do. In 2018, our focus at Rockwell Automation has been to bring The Connected Enterprise to life for our customers.

With every action we took in 2018, we grew the strength of our distributors, system integrators and machine builder partners to bring the best automation and information solutions to our customers. Our partnership with PTC and the launch of our new branding towards the end of our fiscal year 2018, position Rockwell Automation tremendously well to bringing the Connected Enterprise to life for all customers and adapting it to local markets regardless of customer size, industry or geography.

2) What are your expectations on the regional economy in 2019?

The outlook for the regional economy of Southeast Asia for 2019 is positive. Factoring the risks inherent in the global trade and tariff arena, we do see a high likelihood for continued growth in the region supported by government investments (e.g. EEC Corridor in Thailand).

We also expect the FDI/ODI gaining strength into industries such as CPG (including companies involved with food production, packaged goods and beverages) and Oil & Gas.  Customers are particularly investing in Southeast Asia as a regional manufacturing hub as they perceive has fewer risks and less tariff exposure.

3) What business trends in Asia capture your interest for growth next year?

Next year, we’re focused on helping our customers take the first steps to digital transformation, or continue their journey, as companies are looking at digitisation to unlock increased productivity.

Rockwell Automation has a single-minded commitment to bringing the Connected Enterprise to life for all customers Together with our partners PTC and Claroty, we’re well positioned to bridge companies’ digitisation gap through scalable solutions that suit their unique business needs – either on a CAPEX or an OPEX (infrastructure or software as-a-service), or any combination needed.

4) What do you think is the key industry trend to watch out for 2019?

The key 2019 industry trends for Rockwell Automation are digital transformation and cybersecurity protection for our customers.

The key driver for digital transformation is the need to keep pace with the competition. Digital transformation enables organisations to optimise their existing processes and increase productivity and efficiencies within the business.

When it comes to cybersecurity, the best defence for companies is a good offence with a robust prevention and response plan to protect industrial control systems from ever-increasing cyberattacks.

5) What potential and opportunity do you see in the industry next year?

“To drive growth in the next 3-5 years, Rockwell Automation is focused on continuing to develop deep industry and country expertise and building our supplier and distributer networks. Additionally, with the region’s need for digitisation and cybersecurity we also see opportunities to help our customers to understand the world of digital transformation and the benefits that it offers.

“Through partnerships with the best universities, local governments, and Industry 4.0 agencies, Rockwell Automation is committed to elevating the industry and its needs by up-skilling students and re-skill working professionals so that the digitisation journey brings benefits to everyone.”

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Stronger Public Private Partnership Required To Drive Industry 4.0 In Malaysia

Stronger Public Private Partnership Required to Drive Industry 4.0 in Malaysia

KUALA LUMPUR, MALAYSIA: IDC believes that the 2019 Malaysia National Budget recently announced by Lim Guan Eng, the Finance Minister of Malaysia, was an important incremental step in achieving Malaysia’s vision to become a fully connected digital economy. The recent budget focused on the Industry 4.0 blueprint, titled “Industry4WRD”, which aims to make Malaysia the prime destination for high-tech industries in the region. The government plays a central role in the successful implementation of a robust Industry 4.0 strategy by creating clear policies and priorities to support the private sector. Initiatives like Industry4WRD focus the energy and creativity of the private sector around a common mission to create an era in which AI, robotics, 3D printing, and IoT will take centre stage and lead to digital transformation in Malaysia. IDC believes that direct support for Public-Private Partnerships (PPP) is necessary to focus Malaysia’s resources and boost the economic growth of the country.

The Malaysian government is continuing to adopt the necessary policy changes and budget priorities to strengthen the economic foundation for digital transformation and technology investments. For example, on November 7th, Malaysian Technology Development Corporation (MTDC) Sdn Bhd invited small and medium enterprises (SMEs) to embrace the fourth industrial revolution with the launch of the Centre of 9 Pillars (Co9P) initiative. This centre creates a physical location for ecosystem partners to interact for the development and incubation of solutions based on nine technology pillars including; Big Data Analytics, Autonomous Robots, Simulation & Augmented Reality, Horizontal & Vertical Integration, Internet of Things (IoT), Cybersecurity, Cloud, Additive Manufacturing and Supply Chain. IDC forecasts the size of the Big Data/Analytics investment in Malaysia will be $US670 million in 2019 led by the Banking industry while spend on IoT will be US$2.2 billion with the largest investment going into Manufacturing (2018 Big Data Spending Guide, 2018 IoT Spending Guide).

For almost a decade, IDC has been chronicling the emergence and evolution of the 3rd Platform of technology; the drive into Cloud, Mobility, Social and Big Data/Analytics technologies. The adoption of these technologies has accelerated as enterprises commit to the 3rd Platform and undergo Digital Transformation (DX) on a massive scale. Malaysia’s digital economy is in the early stages of creating an infrastructure with key core technologies (cloud, big data/analytics, artificial intelligence [AI], mobility, social business, robotics, internet of things [IoT], and 3D printing) for better public services and an economic boost. Rapid advances in cloud computing, connected devices, mobile, social media and data analytics are contributing to the growth of SMEs in Malaysia. SMEs constitute 98.5% of the total businesses and will spend US$2.7 billion on new technologies in 2019, according to IDC’s 2018 Small and Medium Business Spending Guide.

“The growth of digital economies is becoming an ever more impactful part of the global economy. The transition to a digital economy is a key driver of growth and development because it can provide a boost to the country’s productivity across all sectors and it creates an attractive environment for new investments from outside Malaysia. As the fourth industrial revolution becomes a key driver of the digital economy, entrepreneurs and SMEs need to assess fundamental aspects of their business, including what products and services they sell, how they deliver them to the market, the new skillsets required and how they need to organize to support their operations. Now is the time to take advantage of the new policies of the government and partner to accelerate new digital businesses,” said Randy Roberts, Research Director IoT and Telco, IDC Asia Pacific.

IDC strongly supports the new government’s plan to launch the National Fibre Connectivity Plan in 2019. This plan aims to develop broadband infrastructure to achieve a target of 30 Mbps speed per customer in rural and remote areas of the country within 5 years. This plan follows the implementation of the Mandatory Standard Access Pricing (MSAP) announcement from MCMC earlier this year that has successfully lowered broadband prices in order to connect more citizens to the digital economy.

“The high cost of a broadband connection in Malaysia has been one of the reasons small enterprises have delayed moving their business online. Government policies that improve the affordability, access and speed of broadband connectivity will increase the adoption of digital services and show the readiness of the economy to support digital initiatives” said Randy Roberts, Research Director IoT and Telco, IDC Asia Pacific.

IDC has documented examples of successful Public-Private Partnerships in the region, including Indonesia and Singapore, where the combination of public policy and entrepreneurship is driving the digital economy including smart city and mobile commerce services. In order to ensure the success of the digital initiatives in Malaysia, the government needs to consistently communicate the country’s digital priorities. The private sector should then follow with investment and development of resources in those areas, including development of key skillsets in the workforce to retain local talent.

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Hanoi Holds Inaugural Vietnam Digital Awards

Hanoi Holds Inaugural Vietnam Digital Awards

The inaugural Vietnam Digital Awards has been launched in Hanoi. Honouring excellent digital products and services, it was organised by the Vietnam Digital Communications Association (VDCA) under Ministry of Information and Communications.

Deputy Minister of Information and Communications, Nguyen Minh Hong, who also chairs the VDCA, has said that the awards will occur annually and function to award organisations and individuals who have outstanding contributions in devising digital technologies for the improvement of both local and international customer experiences. Additionally, he also hopes that the awards will encourage companies in all industries to invest in and adopt digital technologies.

Among the 34 winners for this year’s digital awards, 16 were for conventional digital products and services aimed at solving social issues, while the remaining 18 were for outstanding companies and individuals who displayed strong digital transformation in their work functions.

The maiden awards comprise of two major categories that are awarded to two separate target groups. The first category covers typical digital products and services by companies and individuals within the ICT field, while the second category seeks out excellent digital applications by companies that are able to successfully digitally transform their work models and shift from a conventional business model to a digitally based operations and business environment.

According to the Organising Committee, the criteria for selecting the winners are based on the ability of the technologies to hit business KPIs as well as the features and practical functions that the technologies offer.

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Industry 4.0: Are Businesses Stepping Up To Be Future Ready?

Industry 4.0: Are Businesses Stepping Up To Be Future Ready?

Vincent Chong, President and Chief Executive Officer of ST Engineering shares his views on the adoption of Industry 4.0 in Asia.

The inaugural Industrial Transformation Asia-Pacific (ITAP), a Hannover Messe event, concluded in Singapore recently. As business leaders, experts, government representatives and other stakeholders gathered to discuss Industry 4.0, what emerged clear to all was that technology adoption across Asia remained uneven.

Is this a case of change not happening? Far from so. Industry 4.0 is very much an evolution rather than a revolution. Even as we speak, industries are transforming. Today, it is not a question of whether businesses are future-ready; it is whether businesses realise the implications of not participating in the fourth industrial revolution when it will move on regardless of their actions.

Industry Evolution

Driven by the rising operational costs and a human resources crunch, the local industry in Singapore understands that it is imperative to adopt Industry 4.0.

Even for ST Engineering as a technology and engineering group, digitalisation of the workflow at the Aerospace business or the “Aerobook” occurred more than 10 years ago.

This began with the adoption of Augmented Reality/Virtual Reality (AR/VR) and robotics, with other advanced technologies progressing only when the business case became clearer. Other possibilities were also adopted to redefine the company’s value proposition such as customer participation and mobile interfaces in the digitised process, improved interaction via AR between engineers and mechanics to reduce the time taken for repairs; reducing turnaround time and minimising inventory stock-keeping of aircraft parts through additive manufacturing. These have all led to productivity improvements of up to 15 percent to date. Looking forward, ST Engineering will also be certifying the use of unmanned aerial vehicles for aircraft inspection, which, when implemented will help to improve efficiency and minimise workplace accidents.

Furthermore, with technological advances in the company’s aerospace business, the company is able to drive goals to improve productivity and capture efficiencies which are essential in order to operate in higher-cost locations like Singapore, Germany and the US. This augments the company’s competitive differentiators in quality and value.

Challenges Of Transformation

Government support is not lacking for Industry 4.0. In March this year, the Economic Development Board (EDB) announced that it would be funding 300 companies to undergo assessments using the Singapore Smart Industry Readiness Index, so as to accelerate the industry transformation of small and medium-sized enterprises (SMEs), large local enterprises (LLEs) and multinational corporations (MNCs) across various industries. This follows the launch of as many as 23 industry transformation maps, public-private partnerships like Tech Labs (ARTC and SimTech), Tech Access and Tech Depot to help SMEs test and experiment with advanced manufacturing technologies, translate research to applications and access technologies easily. There have also been numerous workforce transition programmes.

Even as the government invests time and resources to move the industry, business leaders remain pragmatic. The push to transform will happen only where there are strong drivers. Many will start on the digitalisation journey, but will invest only when they can see immediate value in doing so.

Indonesia’s Minister for Industry Airlangga Hartarto, has observed that millions of Indonesians in the workforce will require training to be digitally literate under the country’s Industry 4.0 rollout plans. Additionally, Dr. Gunther Kegel, CEO of Pepperl+Fuchs, Germany, has said that his company had spent hundreds of training hours to ready the workforce. He also added that even with buy-ins for change, it requires transforming processes from computer-assisted ones to computer-dominated ones, and changing the way people have been working for the past 20 years.

What tends to happen however, as Singapore’s Minister for Trade and Industry Chan Chun Sing pointed out at the panel discussion, is that many companies “often get stuck” at the application stage of technologies, and “they never really go to Stage 3, which is the re-engineering part”. He was referring to the four stages of the technology industry known as DART: Diffusion, Application, Re-engineering and real Transformation. His view is that the mere application of technologies will not lead to real transformation, as it was only “mechanising, robotising and digitising current processes”.

Transforming the organisation thus requires a mindset shift from leaders and staff alike. It is Worker 4.0 who would be critical in the success of Industry 4.0, as Senior Minister of State for Trade and Industry Koh Poh Koon, said at ITAP.

Firstly, from constantly thinking pragmatically on just which technologies are needed on hand, managers and employees need to think more strategically and with a future-oriented view to consider the opportunities that Industry 4.0 can bring, and how best the business can harness these. They need to build the business and economic case, and not pursue technology for technology’s sake.

With the production of more proven use cases, the adoption rate of technologies will grow. It will grow even more quickly if business cases are clearly in sight and it will require senior leaders to take a top-down approach to drive implementation and overcome barriers and resistance for transformation.

Readying The Workforce

Minister Chan additionally observed that Singapore will need to compress the learning cycle; the conventional model of using the school system to churn out workers is a bit too slow for tomorrow’s needs. He added that the frontiers of learning will need to be in companies where there is constant experimentation, even as we rely on conventional learning for building fundamentals.

Similarly, organisations will welcome the development of more industry 4.0-related talents through the institutes of higher learning (IHLs) in the future. In addition to degree courses, on-demand micro-learning modules in areas such as autonomous systems, robotics, data analytics and cyber security should also be offered. This is also an area where corporates, government agencies and IHLs can work together to co-develop.

ST Engineering’s approach to training and retraining of the workforce for Industry 4.0 is multi-pronged, with the company’s top 100 managers attending data analytics and cyber security executive workshops in order to ensure that a mindset shift occurs from the top. Additionally, engineers are also put through courses that are targeted at further enhancing domain expertise.

For instance, 70 of the company’s engineers have already been trained at ST Engineering’s Cybersecurity Academy, which is a professional cyber security training school. And 350 of the company’s engineers attended a technical course in robotics and digitalisation, made possible by ST Engineering’s strategic partnership with Singapore Polytechnic, to create a bespoke Digital Transformation & Robotic course. Moving forward, the another 1,000 employees will be trained in a customised data analytics programme over the next one and a half years at the National University of Singapore.

Strategic Technology Centres have also be established to develop deep capabilities in areas such as data analytics and cyber security, to provide group-wide support in further differentiating products and solutions. Lastly, extensive collaborations with external technology partners and IHLs through Corporate Labs, Corporate Venture and Open Innovation Labs have also been carried out.

Are Businesses Ready?

Industry 4.0 is a major shift for many organisations. Are business leaders prepared to redefine and re-engineer their business models and processes by drawing from technological advances for real transformation?

If having platforms and infrastructure in place at both the country and organisation levels are not good enough an impetus for change, perhaps the reality of being left behind by competitors is.

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DXC Technology Opens Digital Innovation Lab In Singapore

DXC Technology Opens Digital Innovation Lab In Singapore

DXC Technology has announced the opening of its Digital Innovation Lab in Singapore. Developed with the support of the Singapore Economic Development Board (EDB), the DXC Digital Innovation Lab Singapore is an advanced environment for the incubation of ideas, learning and innovative technology solutions developed by data scientists and enterprise solution experts. The lab will benefit DXC employees, clients and partners, as well as the technology and business communities of Singapore, the region and beyond.

The DXC Digital Innovation Lab Singapore is an extension of DXC Labs, whose goal is to ensure that DXC masters the emerging technologies it needs in order to lead clients through accelerating digital transformation. At the innovation lab, digital specialists will explore novel technologies, develop prototypes and create reference architectures for rapid business deployment. It will showcase new and evolving approaches for delivering transformative digital solutions in industries such as insurance and financial services, healthcare and manufacturing. DXC Digital Innovation Lab Singapore will enable DXC to co-create prototypes and solutions with customers and partners across Asia.

“The DXC Digital Innovation Lab will accelerate the digital transformation of enterprises in Singapore,” said Ang Chin Tah, director of Infocomms and Media, EDB. “The Lab will also create opportunities for Singaporeans to gain valuable practical experience from the use of cutting-edge technology in real-life business applications, further building our pipeline of commercially-minded digital talent.”

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