Apr 23, 2019 – Technology has long been celebrated both as an engine of growth and in transforming life itself. The First Industrial Revolution to the Third Industry Revolution are synonymous with such change; a transformation in global economies powered by machine-driven innovation that led to substantial improvement to the quality of lives around the world. Now, we have a brand-new opportunity to support the most powerful Industry Revolution – the rise of the Fourth Industrial Revolution, or Industry 4.0.
IR 4.0 is new revolution that is set to transform the way we work with the 5G network providing smart, connected technologies becoming mainstream in manufacturing – providing an increased level of efficiency through global connectivity, data-driven insight, robotics and the highest level of automation. The low latency of 5G connectivity will result in greater levels of precision and productivity with the use of sophisticated software and big data in real time, and this will redefine how parts and products are designed, produced, used, and maintained.
Economists have predicted that Malaysia’s electrical and electronics sector will continue to play a pivotal role to drive the economy and the nation can reap the benefits from megatrends such as 5G-enabled Industry 4.0, Artificial Intelligence (AI), Machine Learning (ML) and the Internet of Things (IoT). The Industry 4WRD strategy marks a particularly pivotal moment in pushing forward this transition.
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