News: Industry 4.0 is 'not simply about tech': SG Minister for Trade

#Trends

Industry 4.0 is 'not simply about tech': SG Minister for Trade

Singapore’s strategy for the manufacturing sector and Industry 4.0 focuses on governmental and industrial partnerships. Educators, public agencies and private firms collaborate to develop tech.
Industry 4.0 is 'not simply about tech': SG Minister for Trade

Collaboration between the public and private sector is key to build the future of Singapore’s manufacturing sector, according to Koh Poh Koon, Singapore Senior Minister for Trade and Industry. 

A partnership between the Industrial, Internet of Things, Innovation (I3) Platform was started by A*Star as a combined effort to fast-track the adoption of IoT and smart technologies by businesses in Singapore. 

About 17 companies are on board with the I3 to implement smart technologies such as cybersecurity, data analytics and sensors in businesses including Rolls-Royce and local SME Genesis Networks. 

Technology is changing at a fast pace, Koh Poh Koon said. Making sure that Singapore ’s market, industries, and governments can work together and proactively prepare for Industry 4.0 should be the focus, he added. 

Wednesday proved to be a day when several organizational and public-private partnerships were announced at the International Transformation Asia-Pacific at Singapore Expo. 

An Advanced Manufacturing Continuing Education and Training Strategy been implemented to ensure skilled talent is retained and motivated to participate in advanced manufacturing. This initiative was undertaken by SkillsFuture Singapore.

SMEs will now be able to try out robotics technology in the Temasek Polytechnic and set up education programs to provide industrial expertise to the existing workforce through a partnership with the Harbin Institute of Technology Robot Group (HRG). 

Singapore Polytechnic and Univac Precision Engineering will work together to design new workspaces and learning modules. 

Topics: Trends, Diversity

Did you find this story helpful?

Author

QUICK POLL

Is technology the answer to new-age talent acquisition challenges?

On News Stands Now
q_auto,f_auto/v1560247231/mag-june-2019.png

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

In the next three years, 120 million jobs in the world’s 10 largest economies will need retraining or re-skilling. To adapt to this new environment and help shape it, employees need to embrace continuous learning. Amid these changes, HR needs to not think, act, or be like traditional HR; they need to understand their job is now “human transformation”. In this issue, we will focus on what HR leaders and organizations need to consider today to prepare for tomorrow.

Subscribe
And Save 59%

Subscribe now