Is Your Company Prepared to Make the Digital Transformation?
Emerson’s new Digital Maturity Quick Index tool combines financial and business objectives data to create a picture of where digital transformation programs can have the greatest impact.
Apr 1st, 2021
Whether your goal is to start collecting and analyzing more equipment data for production optimization or to implement digital twins for advanced predictive maintenance, one requirement remains the same: assessing your readiness.
This type of assessment is not a new facet in the process of digital transformation. In fact, in July 2019 Automation World conducted a study of its readers to determine how many had assessed their readiness for the digital future of manufacturing. That study showed that nearly one-third (32%) reported their organization had “clearly stated objectives of technology modernization related to IIoT or Industry 4.0.” Another 48% either had started updating technology without specific cor
SINGAPORE (The Straits Times/ANN): Singapore is working to grow its strong manufacturing base and seeks to attract the top players to anchor their operations here, said Trade and Industry Minister Chan Chun Sing on Monday (Feb 1).
The Straits Times
Singapore to grow manufacturing base, attract top industry players: Chan Chun Sing
Trade and Industry Minister Chan Chun Sing looks at one of biotech firm Illumina s machines during a tour to the company s facility on Feb 1, 2021. PHOTO: MINISTRY OF TRADE AND INDUSTRY
https://str.sg/JKyG
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Published December 14, 2020, 5:00 AM
The automation level among manufacturing firms in the country has remained low, but the Department of Trade and Industry (DTI) said that various initiatives are in place to help local firms catch up.
Trade and Industry Secretary Ramon M. Lopez divulged a study at the Manufacturing Summit 2020 which showed that technology utilization of manufacturing enterprises in the country in 2019 remained low.
Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO)
According to the DTI study, most are still making the transition from Industry 2.0 to 3.0.
Among the study’s key findings were: 44% had no maintenance system; 35% collect and manage data through paper documents; 46% have no established cybersecurity; and more than 50% had no manufacturing equipment connected to a network.