Advice from an executive who has faced the disruption caused by digital resonates with Karamjit Singh and is worth listening to.
Karamjit Singh shares his thoughts on where Malaysia’s Digital Economy stands and if pushed to score it, gives a 3.5 score out of 10 in DNA's inaugural Pulse On Malaysia's Digital Economy Deep Dive.
Among his top five stories of the year is one on the lack of innovation among manufacturing based SMEs which Karamjit Singh feels presents a clear and present danger to Malaysia's ambitions.
Manufacturing is undergoing a transition from M2M to the IoT, and that is going to be a labour-light future, says a senior SAP exec.
With increased robotics, there will be significantly less requirement for labour. The countries that are dependent on traditional manufacturing as a driver of the economy – like Malaysia – are going to be hurt badly, write Anwar Jumabhoy & Srikrishna Vadrevu.
Infineon Technologies (Malaysia) Sdn Bhd said it will invest RM1 billion (US$233 million at current rates) in capacity expansion, innovation, and upgrading its manufacturing facilities in the state of Melaka.
Not many manufacturers in Asia are jumping onto the IoT bandwagon – for the simple reason that they are too tied up with their day-to-day operations, according to Gartner research vice president Ganesh Ramamoorthy.
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.
Omron Corp has announced plans to construct two new facilities at its existing manufacturing plant, Omron Manufacturing Indonesia (OMI), in Indonesia’s West Java.