As the world is transitioning to the fourth industrial revolution (4IR), with the help of emerging technologies, from artificial intelligence and robotics, factories have become smart factories, with the capability to micro precision production of small quantities of a variety of products and models to match the demand and supply report forecast. That helps to bring in a very different kind of competitive edge for those who own it, despite the initial capital intensive compared with the typical approach to set up the plant in low labor cost countries and ship all the way from the long distance overseas. Instead, the company can strategically invest in the smart factory in the countries where their major market is.
Previous generation for means of capital resources, from the land, labor shifted toward high technology which neutralized and brought in a new form of competitive edge over the low tech competitors. The transition is happen in the global scale, all the multinational corporation is mobilize their resources to setup smart factory first, before consider for the traditional approach found the low labor cost country with the favor tax incentive policy to set up plant. Purely attempting to based on the low labor cost alone may not be attractive enough for multinational corporations to invest in those countries anymore. You need to provide additional value-added services, such as a potential market, stable political environment, and pool of talent based on the new generation of skills and competency they want.
AI power robotics to software based robotic process automation (RPA), to current DevSecOps and move toward NetSecOps will expect to automate enterprise technology infrastructure in the higher scale of automation, which result in the higher productivity gain, where human manpower alone simply can not be attained. AI robotics can be on standby and working 24 hours a day, 7 days a week, and 365 days a year without stopping. That alone is offset for the 2 to 3 shift of manpower needed. Not to mention for the high tech microchip manufacturing, it only can be performed by robotics in the mass scale and the speed where regardless of how much manpower, you can not compete with.
As the world moves toward the direction where it is so clear with so many actual proven success cases, it just matters for the new practice to become mainstream once it reaches the critical mass in the fourth industrial revolution (4IR) Industry 4.0. Are you getting ready for the future of work? Ask yourself and your workforce, how ready are they in terms of being capable to leverage smart technology in all forms now? When “smart” and “automation” are the norm, are you attempting to compete with old generation means of production? New technology is always invented to replace the old and legacy, you can only choose to adapt for the new change and make it part of your personal competency and company capability. Feel free to attend E-SPIN various seminar and workshop focus on fourth industrial revolution (4IR) Industry 4.0 and emerging technologies and even very specific how to series that aim to transfer attendees with the actual competency, such as Cloud Computing, DevSecOps, Application lifecycle management (ALM), Network Performance Monitoring and Diagnostics (NPMD) etc.
E-SPIN Group in the enterprise ICT solution supply, consultancy, project management, training and maintenance for corporation and government agencies did business across the region and via the channel. Feel free to contact E-SPIN for your project requirement and inquiry.
Related post that may interest you: