Between Industry 2.0 and 3.0

PENAMPANG: Sabah businesses are encouraged to participate and learn approaches in building the workforce to support the adoption of Industry 4.0.

There are good reasons why Singapore wants to host such events that used to be staged in industrial powerhouse Germany, the country that originated the IR4.0 trend.

A forum themed “Driving skill development for a future-ready workforce in Malaysia” was organised as part of the industry outreach activities for Industrial Transformation Asia-Pacific 2019 – a Hannover Messe event to take place from Oct 22 to 24 in Singapore ( www.industrial-transformation.com )

President of Industry 4.0 Malaysia Association Raja Teagarajan said:

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“Malaysia is currently between the second and third industrial revolution, with the exception of its electrical and electronics, aerospace and automotive sectors that are more advanced in terms of Industry 4.0 adoption.”

Industry 4.0 is often perceived to involve mainly technology-driven change that will disrupt how organisations conduct operations and do business.

“However, there has been a shift whereby some manufacturers are ready to start their adoption of Industrial 4.0 processes and solutions, which will bring in high technology, innovative and high-value-add industries, and a highly skilled talent pool, which will eventually lead to the economic prosperity of the country,” said Teagarajan.

While adoption approaches may differ, a common perception is that Industry 4.0 involves wholesale top-down changes that businesses and industries will have to adjust to.

“It is therefore crucial that we work with government and industrial stakeholders to support companies in developing talents and skill sets for the future,” he said.

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Asean’s economic resilience bodes well for Malaysia’s projected broad-based growth this year, given the launch of the National Policy on Industry 4.0 to provide a concerted and comprehensive transformation agenda for the manufacturing sector and its related services.

The government’s commitment to private-sector-led growth has also helped improve business conditions, with foreign direct investment and manufacturing being the hot drivers of economic growth.

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