Schneider Electric’s extensive use of Industrial Internet of Things (IIoT) technologies in its factory in Batam has earned it the distinction of being one of the first two factories in ASEAN to join the World Economic Forum’s (WEF) Global Lighthouse Network.A French multinational company, Schneider Electric specialises in energy management and automation and has operations in more than 100 countries.
Malaysia is embracing the Fourth Industrial Revolution (Industry 4.0) with a focus on Artificial Intelligence (AI), as seen at the recent Beyond Paradigm Summit 2019 in Kuala Lumpur. Organised by Serba Dinamik Holdings, the summit showcased advanced Industry 4.0 technologies and the world's first social humanoid robot, Sophia.Sophia is an artificially intelligent robot who was named the United Nations Development Programme’s (UNDP) Innovation Champion in 2017.
Sandvik Coromant’s “digital thread” which spans throughout its factory in Gimo, Sweden, has seen it win international recognition from the World Economic Forum (WEF). Part of Swedish global industrial engineering group Sandvik, Sandvik Coromant is at the forefront of manufacturing tools and machining solutions that drive industry standards and innovations in the metalworking industry.The raised labour productivity in the company’s Gimo plant as a result of extensive automation saw th
Although everyone in Southeast Asia can fly these days due to the proliferation of low-cost airlines, the experience is not necessarily pleasant with long queues and constantly having to present travel documents to different parties.Airports are struggling to cope with growing passenger numbers who are also becoming more demanding. This makes them good testbeds for smart technology.In Southeast Asia, Singapore’s Changi Airport is leading the charge in innovation.
Technology is often oversold as either a panacea for the world’s problems or an unshakeable curse inflicting disruption and displacement on the most vulnerable. But historically, neither of these characterizations is accurate. From the steam engine to the personal computer, inventions have transformed societies in complex ways. On balance, however, technology has always created more jobs and economic opportunities than it has destroyed. That trend is likely to continue.Why am I so upbeat?
Despite launching the Thailand 4.0 initiative two years ago, Thailand is on track to lose as many as three million jobs over the next 20 years if it fails to adapt to new disruptive technologies, according to the Thailand Development Research Institute (TDRI).Thailand 4.0 is a new economic model launched by the Thai government which aims to transform the country into a high-income nation.
Although everyone in Southeast Asia can fly these days due to the proliferation of low-cost airlines, the experience is not necessarily pleasant with long queues and constantly having to present travel documents to different parties. Airports are struggling to cope with growing passenger numbers who are also becoming more demanding. This makes them good testbeds for smart technology.In Southeast Asia, Singapore’s Changi Airport is leading the charge in innovation.
As digital technologies and automation have advanced, fears about workers’ futures have increased. But, the end result does not have to be negative. The key is education.Already, robots are taking over a growing number of routine and repetitive tasks, putting workers in some sectors under serious pressure. In South Korea, which has the world’s highest density of industrial robots – 631 per 10,000 workers – manufacturing employment is declining, and youth unemployment is high.
Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared: The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do.Andreessen has since repudiated this declaration and taken a more optimistic stance. But economists, a more pessimistic bunch, are taking the possibility of this sort of bifurcated future more seriously.
Earlier this month, Bloomberg reported that an Artificial Intelligence (AI) model developed by Alibaba took the Stanford University reading and comprehension test. The machine obtained an 82.44 score, beating the best score of 82.30 set by a human for the same test previously. Alibaba claims that this is the first time a machine has edged past humans in such a test. Alibaba’s achievement in this test indicates two things.
The retail sector accounts for the largest source of employment in the Southeast Asian region. According to the International Labour Organization (ILO), it employs an aggregate of 44.6 million workers, which represents 16 percent of the region’s total employment.
In 1930, economist John Maynard Keynes wrote in an essay titled “Economic Possibilities For Our Grandchild” that with the technological advancements of the future, people could be working as little as 15 hours a week. Just like the industrial revolution, many thought the introduction of automation in workplaces in the 21st century would revolutionise labour – freeing workers from long hours at the factory and spend more time on leisure activities.