Kuala Lumpur, Malaysia, December 01, 2017 --(PR.com
)-- The fourth industrial revolution is well underway. Due to the rapid development in today’s technology such as Cloud Computing, Internet of Things (IoT), Big Data, among others, businesses are embracing the digital age by automating their production lines and moving their internal processes online. However, while we do know when it will happen, we do not know where it will begin, which changes will come into effect first, and who will come out on top of this.
The latest white paper by Solidiance, “Is Malaysia Ready for Industry 4.0?” provides a better understanding of the impacts, challenges, and opportunities of the fourth industrial revolution in Malaysia. This white paper answers the questions about the expected impacts of Industry 4.0, from an industry specific, companies’ point of view, based on a survey that includes more than ~200 companies across selected industries in Malaysia. The main focus in on the three key sectors: manufacturing, logistics and healthcare.
The cross sector study focuses on understanding four main themes:
1) the expected impacts on the respective industries as well as the companies’ themselves,
2) understanding the most relevant technologies for each sector,
3) the implications on business challenges and opportunities, and
4) the key corporate functions of each firm’s perceived readiness now and five years ahead.