Technological advancements are redefining manufacturing processes, design & production facilities, distribution systems and global supply chains. Manufacturers and businesses in the region recognise that current business models are no longer sustainable. The time has come for companies to start, scale and sustain their adoption of Industry 4.0 processes and solutions.
In ASEAN, the fifth largest manufacturing economy in value-added terms, manufacturing companies will ramp up their IoT technology investments to more than US$15b by 2019. Countries such as Malaysia, Thailand and Indonesia have already launched separate 4.0 roadmaps to spearhead their respective economic agendas. Singapore has also recently launched the Singapore Smart Industry Readiness Index to provide a common framework for companies to start, scale and sustain Industry 4.0 efforts.
Industrial Transformation ASIA-PACIFIC 2020 will be the engaging and inclusive event where stakeholders and targeted audience groups convene for networking and knowledge transfer opportunities for business success.