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Top 4 Manufacturing Industry 4.0 News You Should Know In May

Posted by Charing Kam on Apr 30, 2018 4:38:47 PM
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 Were you at the Hannover Messe this past week? If you were, you would have seen some stunning innovations and technological leaps, courtesy of Industry 4.0. Moving into May, we’re thinking about our Labour Day holiday, but also excited for how companies will handle all the Industry 4.0 news below…

Singapore Works With Germany For Advanced Manufacturing

Speaking of Hannover Messe 2018, one of the announcements that captured our attention was the slew of new agreements inked for cross-country partnership between Singapore and Germany.

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At the Germany-Singapore Business Forum (GSBF), under these new agreements, Singapore and German enterprises would work together as innovation partners to promote both countries as centres of Industry 4.0 excellence.

For example, the Singapore Precision Engineering and Technology Association (SPETA) signed an MOU with German industry association IVAM Fachverband Fur Mikrotechnik (IVAM) to ‘collaborate on the adoption of Industry 4.0 technologies and microtechnology’, as per The Straits Times. Expect to see members of each group in the other’s directory as a starting point for partner connections.  

For a company like us with headquarters in Singapore and a sales office in Germany, all these collaborations are welcome news, as we’ll be seeing more innovation from the partnership between two cities that we have a lot of experience in.

Indonesia Puts Its Hat In The Industry 4.0 Ring

Another country looking to stake its claim in Industry 4.0 is Indonesia, which has just launched a roadmap for Industry 4.0. Indonesian president Joko Widodo, together with the Industry Ministry, announced ‘Making Indonesia 4.0’, with the aim for Industry 4.0 to be the factor that will bring Indonesia into the ‘top ten of biggest global economies by 2030’ thanks to the increase in exports.

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Concentrating on five sectors (food and drinks, automotive, textile, electronics, and chemicals), stakeholders from the government, industry, and technology segments will work together in the bid to encourage high-technology downstream industries to become competitive global players, as per Indonesia Investments. Increasing exports in these sectors will also help to create jobs and contribute towards Indonesia’s GDP.

Manufacturers might want to start paying notice to Indonesia for Industry 4.0 competition.

Nokia, Intel and Telia Test 5G For Manufacturers On The Shop Floor

4G and 5G aren’t just for phones anymore. As per global newswire, Nokia, Intel and Telia have started trials of 5th generation wireless systems (5G) for industrial applications, with promising results. 

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Deployed on Nokia’s 5G AirScale and Multi-Access Edge Computing (MEC) platforms, the aim is to ‘connect assets and take advantage of new flexibilities and capabilities such as machine learning, artificial intelligence and widespread automation to efficiently transform operations’.

Working with a Finnish software startup that provided a monitoring application, Telia was able to use MEC and 5G to reduce latency and provide real-time predictive maintenance updates. This was achieved through ‘the Nokia AirFrame data center solution, equipped with Intel® Xeon® Scalable processors, (which) delivered network edge and core cloud flexibilities and capabilities, which provide support for myriad applications in the 5G environment.’

Rolls-Royce Supports IoT Start-Ups

Fresh off the news cycle is this last news about Rolls-Royce, which will provide 10 IoT start-ups with access to ‘a broad base of business and technical mentors, hardware professionals, corporate sponsors, and exposure to over 400 potential investors, customers and partners at the demo day’, as per The Manufacturer.

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The interesting part? This programme, called Startupbootcamp IoT, is only three-months long, and is an intensive growth programme that will push these startups to their limit. Rolls-Royce has become the main sponsor, with participating startups to be selected and mentored by their own in-house R2 Data Labs.

 

Want to learn about a type of Industry 4.0 automation tool that can help your manufacturing business? Watch our CPQ explainer video!

UNSER CPQ KURZ ERLÄRT IM VIDEO

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Charing Kam

Written by Charing Kam

Charing is responsible for In Mind Cloud's Inbound Marketing initiatives. A content marketing enthusiast, she works to find out how consumers make decisions and aims to help them along the way.

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