MachineMetrics Blog

START DRIVING DECISIONS WITH MACHINE DATA.

Ready to empower your shop floor?

Learn More
Categories:
    Dave Westrom
    Dave Westrom Industry 4.0 / May 19, 2017

    Projections for Industry 4.0 in Singapore

    If you’re unsure about Industry 4.0’s effect on your business, you’re not alone.

    A study done on Industry 4.0 in Singapore, however, claims that, “Rapid adoption of Industry 4.0 could boost the country’s labour productivity by as much as 30 percent by 2024. It will also add S$36 billion (US$26 billion) in total manufacturing output and revenue for local and foreign companies as well as create 22,000 jobs with average salaries that are up to 50 percent higher than current ones.”

    If it can have that many positive impacts on a country, what can Industry 4.0 do for your output, jobs, and productivity?

    Recommended ReadTackling challenges in integrating Industry 4.0 into manufacturing operationsSource: https://www.edb.gov.sg

    Industry 4.0 could be the next big thing for Singapore’s economy. Read More

    START DRIVING DECISIONS WITH MACHINE DATA.

    Ready to empower your shop floor?

    Learn More

    Comments

    Leave a comment

    Subscribe to our mailing list