Menu

Smart Factories FEATURE NEWS

Manufacturers Early Adopters of AI IoT in Malaysia, says New Study

By Ken Briodagh May 07, 2018

Manufacturing in Malaysia is embracing Industry 4.0, says data and analytics company GlobalData.

According to the Department of Statistics Malaysia (DOSM), the manufacturing sector employed more than one million people in 2016. Malaysia External Trade Development Corporation (MATRADE) and DOSM report that the sector accounts for over 80 percent of all exports and 23 percent of GDP.

Dustin Kehoe, Technology Service Director of APAC at GlobalData, said: “On the supply side, the industry is seeing an increase in global commodity prices and diversification from traditional low-cost production markets. On the demand side, average order value is falling, the demand for customization is increasing and margins by and large are under pressure. To address these challenges and drive the evolution of a technology-driven global economy, Malaysia is gearing up to launch the national policy by mid-2018. In the past, innovation was focused on one company. Industry 4.0 looks to extend these capabilities across the entire upstream and downstream supply chain.  It focuses on the convergence of operational technology– hardware and software that monitor and control physical equipment and processes integrate with traditional IT systems.” 

Industry 4.0 introduces what is referred to as ‘smart factory’ in which cyber physical systems monitor real time physical progress of the factory and are able to make decentralized decisions. This is being driven by a number of breakthrough technologies such as autonomous robots, big data analytics, cloud computing, Internet of Things (IoT), additive manufacturing (3D Printing), system integration, cybersecurity, augmented reality and simulation. 

“The manufacturing sector in Malaysia will continue to adopt new technologies to help increase visibility in both production and process,” said Kehoe. “Having more granularity in both areas through technology drives better quality control, such as fewer defects and overall business efficiency. Uptime is very important for this industry. An unplanned outage can lead to significant delays and costs. In terms of technology, Artificial Intelligence (AI) will drive IoT adoption and the two technologies are converging. The integration of AI and IoT will lead to further innovation, automation and data management. Manufacturing will be among the early adopters of AI-enabled IoT. The first deployments are starting in areas such as machine sensors, advanced electronics and will gradually move to other areas such as robotics, driverless vehicles and drones.”

For more on Smart Manufacturing solutions, register now for the Industrial IoT Conference and The Smart City Event


Ken Briodagh is a writer and editor with more than a decade of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.

Edited by Ken Briodagh

Editorial Director

SHARE THIS ARTICLE
Related Articles

At the Heart of IoT: Tracking Worker's Vital Signs for Safety

By: Cynthia S. Artin    7/18/2018

Innovations in the IIoT world are vast and mechanically driven, with sensors, systems and applications designed to instrument massive factories to red…

Read More

Seek And Ye Shall Find: Seeq Secures $23M To Advance IIoT Manufacturing

By: Cynthia S. Artin    7/18/2018

Altira Group, Chevron Technology Ventures, Second Avenue Partners and next47 recently added growth capital fuel into Seeq Corporation, in a Series B r…

Read More

New York Power Authority Implements Grid Asset Performance Management System from GE Power

By: Ken Briodagh    7/18/2018

The New York Power Authority (NYPA) is implementing a critical asset performance management (APM) initiative that uses predictive analytics to monitor…

Read More

Sixgill Joins PTC Partner Network to Simplify Sensor Data Handling for IIoT Innovation

By: Ken Briodagh    7/6/2018

New PTC Marketplace Offering Simplifies Universal Sensor Data Ingestion and Aggregation for ThingWorx Users

Read More

Keeping the Presses Rolling, IIC Brings Together Digital Printing Leaders with Factory Testbed

By: Cynthia S. Artin    7/2/2018

On the heels of announcing a testbed for automotive manufacturing, the Industrial Internet Consortium (IIC), this week announced a Smart Printing Fact…

Read More