Opportunities abound for businesses with the innovation and desire to compete.
Will support the company’s businesses across the region by providing leadership, local and timely decision-making and the capability to deliver innovative, specific solutions.
They will develop IIOT capabilities and intelligent applications to enhance power network reliability and efficiency in the island state.
The smart factory of the future will produce a wider variety of products from within the walls of a single factory; embrace smaller batch manufacturing that delivers more personalised and individualised products from closer to home; and make sustainability more of a factor in manufacturing, writes Chris Lee of Autodesk Asean.
The IIoT has opened up doors of possibilities in the workplace, culminating in the fourth industrial wave – Industry 4.0, writes Adam Yee of Siemens Malaysia.
At a time of uncertain economic growth, the Industrial Internet of Things could contribute US$14.2 trillion to world output by 2030, according to new research by Accenture – but these potential gains are at risk because neither companies nor governments are taking sufficient action to put in place the conditions necessary for the wide adoption of new digital technologies.