Industry 4.0: Are businesses stepping up to be future-ready?

25 Oct 2018

FILE PHOTO (THE BUSINESS TIMES)


THE inaugural Industrial Transformation Asia-Pacific (ITAP), a Hannover Messe event, concluded in Singapore recently. As business leaders, experts, government representatives and other stakeholders gathered to discuss Industry 4.0, what emerged clear to all – including me as a panelist of the Asia Industry 4.0 Dialogue – was that technology adoption across Asia remained uneven.

Is this a case of change not happening? Far from so. Industry 4.0 is very much an evolution rather than a revolution. Even as we speak, industries are transforming. Today, it is not a question of whether businesses are future-ready; it is whether businesses realise the implications of not participating in the fourth industrial revolution when it will move on regardless of their actions.

To read more, please click on the following link(s): https://www.businesstimes.com.sg/opinion/industry-40-are-businesses-stepping-up-to-be-future-ready

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