Industry 4.0 stories
The anticipation around what Industry 4.0 may bring to the table has placed ASEAN—a region of relatively lower labor productivity—firmly under the spotlight.
New Zealand businesses are predicted to reach NZD$65 billion in capital formation in 2017, and set a new record of $70 billion in 2018.
A new report from Stratus asserts we're on the brink of huge change and disruption, dubbed the 'fourth Industrial Revolution'.
Industrie 4.0 is about driving digital value chains, thus creating more agile and market focused competencies.
Most Kiwi builders are missing out on returns from new kit, as skills gaps and poor systems integration blunt tech gains.
Safer warehouse automation is getting simpler as new scanners and sensors cut installation complexity and help prevent AGV collisions.
Facilities managers are facing lower costs and faster fault response as connected sensors and software automate maintenance across buildings.
Hygienic cabling and sealed components can cut contamination risk, reduce shutdowns and help food makers meet strict cleaning demands.
Construction firms could save time and money as AI use is projected to jump from USD $407.2 million to USD $1.83 billion by 2023.
Factories could cut wiring by up to 38% as a new Rockwell Automation safety system gives operators clearer diagnostics and faster fault-finding.
Users can now access instructions and certificates on the hoist via an NFC tag, while maintenance is easier and runtime has doubled.
Material Recycling Facilities could boost sorting accuracy as BHS’s Max AI system uses robotics to tackle waste streams more efficiently.
Rising cyberattacks on smart grids are driving utilities to adopt stronger identity checks and encryption as connected meters multiply 30% a year.
Robotic construction could cut costs and speed work on a school serving 1,800 people across 12 villages in Jiangxi province.
Low productivity in construction is pushing firms towards robotics, 3D printing and modular building as McKinsey says the sector lags on R&D.
New Zealand could reap up to USD $3.3 billion over 10 years from IoT, but experts say AI support will be needed to unlock the gains.
Only 14 per cent of large firms have adopted IoT, risking missed gains of hundreds of millions of dollars across New Zealand.
A national study could reveal hundreds of millions of dollars in gains for New Zealand as businesses remain slow to adopt connected devices.
