July has been an interesting month for Industry 4.0, with trade news causing manufacturers worldwide to start paying attention to new ways to manage their supply chain. From Indonesia to India, we’ve seen news that have discussed manufacturing challenges and investment in close detail. Read our top three, below:
This month was a busy one for us here at In Mind Cloud, with our participation in SAP SAPPHIRE NOW 2018, the SAP Global Partner Summit, the 18th Die & Mould 2018, Automatica 2018, and the 10th APEC SMETC 2018.
We have to be honest: the month of May passed by in a flash. With the annual SAP SAPPHIRE NOW conference happening in Orlando, Florida in a week, we’ve been too preoccupied preparing for our different sessions: from our customers, Netafim and Mindray, talking about digitalized sales and business innovation, to our CEO, who will be discussing our own solutions offered on the SAP App Center during the partner summit.
When it comes to digital commerce readiness in Singapore, Manufacturing SMEs are at a crossroad. SMEs tend to focus only on managing their core business and their margins, so innovation and digital commerce will inevitably fall by the wayside. In the meantime, companies (and countries) that proactively include digitalisation in their plans will increase their lead over the others. This is especially true for companies where margins are slim, or that have complex configuration and calculations, like Engineer-to-order (ETO) and Make-to-order (MTO) industries.
The annual CommunicAsia and Enterprise IT Asia 2017 hit our sunny shore of Singapore and In Mind Cloud was there to check out what innovative technologies were offered and how that reflects Singapore's progress in participating in the digital economy.
SMF's Digital Commerce Interest Group Offers Support
Digital Transformation, Industry 4.0, Digitization – these buzzwords are taking over the business conversations around the world. But why is it that companies in manufacturing and engineering industries feel that topics such as digital commerce are not relevant for them?