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Robert Bosch Venture Capital leads USD 17.5 million investment in Teralytics

Teralytics has raised USD 17.5 million in a funding round led by Robert Bosch Venture Capital GmbH (RBVC) to build a platform to improve...

Five ways to achieve significant productivity gains in manufacturing with Artificial Intelligence

Australia is not alone in facing a productivity slowdown as developed economies globally look to overcome the same challenge; which is undoubtedly the catalyst...

ABB to adopt world’s first industrial application utilizing 5G and AI at its drives...

ABB has teamed up with software company Atostek and  telecom group Telia to work on a pilot project that is expected to lay the...

Rockwell Automation introduces AI Module that improves industrial production

Rockwell Automation, the world’s largest industrial automation and information company, has announced the FactoryTalk Analytics module which uses artificial intelligence to detect production anomalies...

Melbourne set to become home to a National Artificial Intelligence Centre

The Victorian State Government will contribute $1 million towards establishing an international-standard artificial intelligence centre, pending a formal agreement with the next Federal Government. The...

Funding boost for post graduate engineers to work on industry-based automotive projects

107 post graduate engineers will be placed in industry-based automotive projects as part of the Government's Automotive Engineering Graduate Program, aimed at providing a...

The World Economic Forum welcomes a further seven factories into its community of “Lighthouses”

The World Economic Forum has welcomed seven new factories to its network of “Manufacturing Lighthouses” which have been designed to help industries adopt and...

Government announces $40m in funding for 19 industry-led projects

The Federal Government has announced $40 million in funding for 19 industry-led projects under the sixth round from the Cooperative Research Centres (CRC) Program. Minister...

Infosys to create up to 1,200 new jobs in Australia

Indian multinational corporation Infosys will establish three Innovation Hubs across Australia, creating up to 1,200 new high-skilled jobs. The company, which is a leader in...

CSIRO invests $35m to advance Australia’s Space Technology and AI capabilities

CSIRO has announced a $35 million investment in frontier research in Space Technology and Artificial Intelligence. Part of CSIRO's Future Science Platforms (FSP) portfolio, aimed...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.