While many large companies in ASEAN are piloting Fourth Industrial Revolution (Industry 4.0) initiatives in manufacturing, few small and medium enterprises (SMEs) have managed to integrate them in their processes successfully. Industry 4.0 manufacturing can be defined as the integration of internet-enabled technologies which allow networking in the production process.
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
Despite the big data, analytics and artificial intelligence (AI) inherent in the Internet of Things (IoT), human capital remains the most important asset for the BMW Group as it embraces Fourth Industrial Revolution (Industry 4.0) technology. The iconic German car manufacturer's Regensburg plant was recently chosen as a ‘Lighthouse of the Fourth Industrial Revolution’ by the World Economic Forum (WEF), a term it uses for 16 selected factories which have successfully incorporated
Last month on 1 April, the Quadrans Foundation, established in 2018 and based in Mendrisio, Switzerland, announced the official public launch of its blockchain platform. The Quadrans Foundation revealed that this new platform will be made available to Southeast Asia and the rest of the world.Then, in just less than a month after the launch, Quadrans’ blockchain platform managed to garner as many as 168 active nodes.
Developing human capital continues to be Yayasan Hasanah's overarching goal as it looks to drive more positive changes in Malaysian society.A non-government organisation (NGO) under Malaysian sovereign wealth fund Khazanah Nasional Berhad (Khazanah), Yayasan Hasanah collaborates with multiple stakeholders to infuse a spirit of advocacy and capacity building in five key focus areas; education, community development, environment, arts and public spaces and knowledge.Born as an independent
The Malaysian Dutch Business Council (MDBC) Connects Fair is growing from strength to strength.A trade support organisation that helps to forge and foster business ties between Malaysia and the Netherlands, the MDBC organises monthly events for its over 280 members.
Innovation, determination and a keen sense of foresight have been the cornerstones of edotco Group’s pioneering sustainability and green engineering drive.The only regional tower company in Asia, edotco currently owns, manages and operates around 29,600 towers on the continent – making it the 13th largest tower company in the world.Providing end-to-end solutions in the tower services sector from tower leasing, co-locations, build-to-suit, energy, transmission and operations and maintenance (O
The Quadrans Foundation, established in 2018 and based in Mendrisio, Switzerland, has announced the official public launch of its blockchain platform. The platform will be made available to Southeast Asia and the rest of the world as of 1 April, 2019. The Quadrans platform is an open source, public and decentralised blockchain, making it possible to perform Smart Contract operations.
In conjunction with the Chinese Lunar New Year this year, Jas Hennessy & Co., better known simply as Hennessy, has collaborated with notable emerging artist, Guangyu Zhang, to create a magical work of art symbolising the natural and beautiful cycle of life – a dream of past and present, heaven and earth.In his unique collage commissioned by Hennessy to usher in the Year of the Boar, the circles are meant to represent fulfilment and perfection.
Thanks to rapid development in Southeast Asia, ASEAN’s middle class is set to grow and become a critical segment of society, acting as a vital engine of growth in the region. It is expected that the middle class will rise from 29 percent in 2010 to 65 percent of the population by 2030.
Singapore based Cocoon Capital recently announced a new US$20 million fund following its first US$7 million fund launched in 2016. The fund aims to bridge growing industry demands for more seed-stage funding in the region.“With the billions of dollars available in venture capital in the region, only a fraction is targeting seed-stage companies and Cocoon Capital seeks to help fill this gap”, said Will Klippgen, co-founder and Managing Partner at Cocoon Capital.
The future of technology lies in the life sciences. With technology advancing at a rapid pace, the field of life sciences is no longer just limited to hospitals or laboratories. Instead, discoveries made in life sciences are now starting to be integrated into everyday mass consumer goods.An example of this can be seen in many smartphones in the market today.