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Takeaways from AIBP Insights ASEAN Manufacturing: Industry 4.0 In Action

Our esteemed panel discussed the adoption of industry 4.0 technologies and in essence, we explored the initiatives, challenges and future opportunities in the industry. Key areas of discussion were Digital Transformation Initiatives, Challenges Faced When Adopting Digitalisation, and Future Opportunities in the Industry.

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Industry Overview

The region’s changing demographics, geo-political shifts and favorable government policies provide a strong foundation to capture growth in the manufacturing, energy, oil and utilities sector by adopting Industry 4.0 technologies. Manufacturers, and energy and utilities providers are incorporating technology like smart automation, data analytics and digital infrastructure into their processes in line with and beyond Industry 4.0 initiatives, which will greatly increase the efficiency of various aspects of the manufacturing industry especially in decision making, collaboration and communications, and transforming business models and processes.

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