Tag: Industry 4.0

Australia's workforce is undergoing a transformative shift as automation technologies rapidly advance. The integration of artificial intelligence (AI), robotics, and machine learning across various sectors is reshaping the work landscape, impacting productivity, employment, and the nature of jobs. 

The growth of automation and digital technologies has transformed the manufacturing sector in Australia. As Industry 4.0 continues to evolve, the demand for crucial digital skills is skyrocketing. 

The Swinburne-CSIRO National Industry 4.0 Testlab is shaping the future of Australian manufacturing by introducing new initiatives, including a pioneering method for additive manufacturing of carbon fibre composite materials.

Plastics Live, the premier plastics event in the United Kingdom for 2024, has unveiled a roundtable discussion featuring prominent figures from the UK additive manufacturing (AM) sector.

The manufacturing sector outlook for 2024 remains cautious amidst several challenges. Fiscal tightening, inflation, and geopolitical instability could undermine growth in 2024, and if favourable economic trends start to unwind, the risk of a downturn looms large.  

It is undeniable that 2023 has been a transformative year for the Australian manufacturing sector as it navigates through numerous challenges throughout the year. 

Global technology giant Bosch is implementing generative artificial intelligence and foundation models at its plants in Germany to speed up production and enhance efficiencies. 

The House Standing Committee on Industry, Science, and Resources has presented its comprehensive report titled "Sovereign, smart, sustainable: Driving advanced manufacturing in Australia" in a push to reinvigorate the nation’s manufacturing sector.

The arrival of technological advancements in manufacturing has ushered in a new era of innovations and challenges for smart factories. For businesses in the era of Industry 4.0, data analytics serves as the driving force for revolutionising manufacturing processes and addressing new challenges that come with it. 

Silicone solutions provider Elkem is set to present its wide-ranging portfolio of silicone technologies at Formnext 2023, scheduled to take place from 7 to 10 November 2023.