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Spotlight on Industrial IoT & Industry 4.0 Technologies

Source:Ringier Metalworking Release Date:2017-04-26 315
Metalworking
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Smart manufacturing is the next wave changing business models through the development and application of manufacturing intelligence to every aspect of business

"BCG is actively working with many leading companies to implement Industry 4.0 and we are excited to bring our global expertise to Singapore. Beyond technology solutions, the >journey needs to be accompanied by the right strategy, cultural and skills transformation to enable long-lasting results. We are excited to be a part of the conference and the MTA2017 exhibition, which is bringing all the leading industry players together under one roof,” comments Dr. Daniel Küpper, Partner & Managing Director of BCG, Germany.

“According to research conducted by the World Economic Forum and Accenture, the Industrial IoT is forecast to add US$14 trillion to the global economy by 2030. But while technology brings opportunities, both a cultural and mind-set shift are required to ensure that applications and insights make their way to operators on the ground. I look forward to exploring this subject further at the upcoming Smart Manufacturing Asia 2017, and engaging clients, partners and ecosystem players to jointly develop solutions that will transform the manufacturing industry,” says Mr. Senthil Ramani, Accenture IoT Centre of Excellence Director, and Global Technology Lead for Chemicals and Natural Resources.

“Recent focus on Industry 4.0 and the Industrial Internet of Things (IIoT) point to the digitalisation trend in manufacturing. From robotics and additive manufacturing, to smart manufacturing and augmented reality, these technologies have been earmarked as key drivers of a successful deployment of Industry 4.0. It is more pertinent than ever for industry players, especially companies in the Asia Pacific, to acquire in-depth knowledge of these technologies in their journey towards Industry 4.0, and the Smart Manufacturing Asia conference is just the right place to achieve this,” says Ms. Jaime Ng, Director, Conferences, from UBM SES, organiser of MTA2017.

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