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Top 4 Manufacturing Industry 4.0 News You Should Know In October

Posted by Charing Kam on Sep 28, 2018 5:14:18 PM
Charing Kam
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After an exciting September, with the launch of our Manufacturing X sales platform, our team is now preparing for October, when events such as the Industrial Transformation Asia Pacific and the SAP Customer Experience Live 2018 will be held!

But before that, we look back on September, with Industry 4.0 news from TUV Rheinland in China, Merck’s Smart Factories, World Economic Forum and McKinsey.  

TUV Rheinland Supports Industry 4.0 in China

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Back in January, we wrote about how TUV Rheinland and Singapore’s Economic Development Board (EDB) had partnered up to release the Singapore Smart Industry Readiness Index for Industry 4.0.

Now, TUV Rheinland is supporting China in its Industry 4.0 goals with the Sino-German Industry 4.0 Demonstration and Training Center project. The TUV Rheinland Academy in Cologne, Germany, recently welcomed a delegation from China to discuss the latest resources and educational system that will be introduced to the Shenzhen No. 3 Vocational School of Technology.

The aim? The construction of an “advanced intelligent manufacturing demonstration production line and training center in Shenzhen, which is expected to be completed the end of 2019”, as per PV Tech.

Pharmaceutical Company Merck Looks to Automation

Pharmaceutical companies are no different than other manufacturers when it comes to technology; there’s always a need to embrace and implement the latest Industry 4.0 technologies, in order to stay ahead of the competition.

As the challenges of mass customisation continue to take over the world, Merck has had to move away from large batches over a number of years. Instead, Merck has embraced the demand for small batch manufacturing by looking to develop manufacturing plants that can support modularisation. “These modules can be connected in serial, parallel, or both, depending on the type of product”, per Digital Journal.

Robots Will Displace Jobs, But Replace Them Twice Fold

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As per The Manufacturer, new research by the World Economic Forum has shown that robotics and AI is forecasted to create over 133 million jobs by 2022.

This is a big deal, as the World Economic Forum report also says that the number of jobs that will be displaced will only be half that amount, at 75 million. Plus, only “half (54%) of employees of large companies would need significant re and upskilling in order to fully harness the growth opportunities offered by digital transformation”. These new jobs will be focused on the opportunities and new skillsets that arrive from Industry 4.0 technologies.  

If you’re still wondering about the effect of automation and robots on manufacturing sales, why not download our new Manufacturing Sales eBook to learn more?

Download our Manufacturing Sales eBook to learn about new sales techniques and  trends!

New Strategies For Internet of Things Applications

There is a wealth of information online about the Industrial Internet of Things (IIoT). Sensors, after all, are the first thing that manufacturers think about when they contemplate Industry 4.0 technologies.

McKinsey is here to help companies implement IoT successfully, through a new article that discusses specific habits and strategies that manufacturers should read. Step by step, bit by bit…McKinsey is using stellar examples to support its points. It is definitely worthy of a read!

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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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