Industry Revolution 4 0 Malaysia

Industry 4 0 is referred to as production or manufacturing based industries digitalisation transformation driven by connected technologies.

Industry revolution 4 0 malaysia. Industry 4 0 can help companies eliminate wastage and lower costs. The fourth industrial revolution or industry 4 0 transforms how products are designed fabricated used and operated as well as how they are maintained and serviced. In 2018 the issue of malaysia s low productivity growth was of concern to us as the level of productivity growth was stagnant in 2017 said hj. The malaysian ministry of international trade and industry miti tabled the the national policy for industry 4 0 to help advance the countries businesses and factories.

By studymalaysia on june 16 2020 top stories career guide from self driving cars to drone delivered online shopping the fourth industrial revolution is changing how we live work and communicate. The terms fourth industrial revolution and industry 4 0 often make an appearance during conferences and in media coverage although they haven t really been popularised in the malaysian context. Malaysia looks towards industry 4 0 to boost productivity growth with priority initially given to the manufacturing sector with future plans to extend it to other sectors. In response to the industrial revolution 4 0 the government has launched the industry4wrd.

Myanmar thailand and vietnam will be ahead in the industry 4 0 game. National policy on industry 4 0 to drive digital transformation in various sectors in malaysia and one of the initiatives is by developing the knowledge research for science and technology excellence krste my and setting up an industry digitalisation transformation fund to encourage industries to. The fourth industrial revolution ir 4 0 and what it means for students like you. Industry 4 0 introduces what is referred to as smart factory in which cyber physical systems monitor real time physical progress of the factory and are able to make decentralized decisions.

It will also transform the operations processes supply chain management and energy footprint of factories. Large scale machine to machine communication m2m and the internet of things iot are integrated for increased automation improved communication and self monitoring and production of smart machines that can analyze and diagnose. Our nation is slowly advancing towards industry 4 0. The fourth industrial revolution or industry 4 0 has become a commonplace term on the minds of politicians industry leaders academics and people alike.

National industry 4 0 12 policy framework. Malaysia is among the countries forging ahead with the industrial revolution 4 0. Challenges of industry 4 0 malaysia.