In Mind Cloud Blog

Top 4 Manufacturing Industry 4.0 News You Should Know In March

Posted by Charing Kam on Feb 28, 2018 10:00:00 AM
Charing Kam
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The shortest month of the year might be ending, but that doesn’t mean that February was any less exciting. After all, Tesla and Elon Musk did send an actual car into space this month! Our top 4 Industry 4.0 news, below.

We’re In One Of The Most Automated Countries In The World

In case you didn’t know, In Mind Cloud’s headquarters are in sunny Singapore, and this is the base from which we help manufacturing companies with our sales automation solutions.

It seems like we’re in good company; the 2017 World Robot Statistics have revealed Singapore as the second-most automated country in the world. Of course, this is robot-focused; Singapore nabbed the second spot with ‘a rate of 488 robots per 10,000 employees in 2016’, according to The Manufacturer.

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It trailed behind the reigning leader, South Korea, who has kept the title since 2010, thanks to ‘a high volume of robots particularly in the electrical/electronics industry and in the automotive industry’. Others in the top ten included Germany, Japan and Sweden. The region with the most growth? Asia, especially China, which increased from 25 units in 2013 to 68 units in 2016.

Toyota Magnetises Its Electric Cars

If there’s anything all manufacturers know, it is that to increase margins, you sometimes have to cut costs. Toyota has put a Industry 4.0 spin on this, by developing a magnet that will partially replace a rare earth called neodymium and ‘eliminates the use of others called terbium and dysprosium’, per an Industry Week article.

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The magnet, which will probably be manufactured by suppliers, will halve the use of neodymium. At the same time, Toyota will use the rare earths lanthanum and cerium instead, which are 20 times cheaper than neodymium.

This helps Toyota to avoid the supply crunch that affects other electric carmakers, which depend on neodymium. Neodymium is expected to exceed demands in 2025, hence the need for Toyota to take a leap and come up with their alternative solution. According to Toyota, ‘motors with the magnets can be used in any electrified powertrain’, helping it to achieve its aim of 5.5 million electrified vehicles in sales in 2030.

Learn about Industry 4.0 from Hong Kong’s PolyU

Are you still confused by Industry 4.0? Considering that the term originated from Germany and that institutions that teach the concept teach in German, I’m not surprised. If our refresher on key terms or our glossary isn’t sufficient, then you might want to get ready to go back to school: Hong Kong’s PolyU has you covered.

As per PRNewswire, ‘The Hong Kong Polytechnic University (PolyU) will launch a free MOOC (Mass Open Online Course) entitled "Industry 4.0: How to Revolutionize your Business" on the edX platform, a non-profit online learning destination founded by Harvard and MIT’. This aims to fill the void for non-German speakers, as this will be the only course offered in English by an academic institution.

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Running for 8 weeks, the course aims to ‘equip organisations and individuals from all disciplines to be better prepared for Industry 4.0 in terms of their readiness, skill sets, and competencies’.

Porsche Starts Listening To Its Cars

Hearing is one of the most underrated senses. You underestimate how much you can learn about something just by listening. For example, how many of us have stopped our car because it started to make odd noises, only to find out that there was an underlying issue?

Well, it seems that Porsche has managed to add an Industry 4.0 spin to this, with ‘an artificial intelligence platform that recognizes noises and vibrations to determine potential problems in production equipment’, per The Drive.

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Following the idea that ‘no news is good news’, their platform works through identifying anomalies in vibrations to help with predictive maintenance. According to Porsche, ‘vibrations in each vehicle are as unique as a human fingerprint, which allows the system to detect even the smallest change in the frequency and interpret that as a potential threat.’

Adding to the Industry 4.0 relationship, Porsche has decided to call this ‘an artificial neural network known as Production 4.0’.

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

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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