Roundtable discussion with stakeholders as Chattanooga area opens its Smart Factory Institute on National Manufacturing Day.
Roundtable discussion with stakeholders as Chattanooga area opens its Smart Factory Institute on National Manufacturing Day.
This has impacted all sectors of society and forced enterprises, small businesses, governments and private institutions to pivot, in some cases extensively, to accelerate digital transformations and rethink the way innovation is achieved.
The World Economic Forum (WEF) has recognized and awarded the Western Digital factory at Batu Kawan, Penang, Malaysia as the latest entrant to its Global Lighthouse Network (GLN)
Malaysian government agencies and enterprises are embracing digitalization to tackle issues across sectors from the rollout of National Fiberisation and Connectivity Plan and establishment of the Digital Free Trade Zone, to the recent Industry4WRD policy
Industrial Internet of Things or IIoT offers manufacturing companies the opportunity to play their strengths in a disrupted global economy and implement recapturing a bigger share of the market.
The SME Association of Malaysia lauds the government commitment to drive Industry 4.0 adoption to increase the competitiveness of manufacturers and manufacturing-related services.
EVENTS of the past two years have certainly pushed businesses, especially smaller firms, to boost their digital capabilities. Industry observers note that going digital was no longer about “if”, but “when”.
Lighthouses are unique, having implemented their smart manufacturing journey from pilot to integration; these organisations serve as beacons to guide others in overcoming challenges in production systems by adopting leading-edge technologies such as artificial intelligence, additive manufacturing and advanced analytics.
In Budget 2022, the Malaysian government announced the allocation of RM 45 million (US$10.8 million) as a technological transformation incentive for SMEs as well as mid-stage companies in the manufacturing and services sectors, in line with Industrial Revolution 4.0 or Industry4wrd.