WINNERS OF ADVANCED MANUFACTURING GROWTH FUND SECOND ROUND ANNOUNCED
Winners of the second round of the Advanced Manufacturing Growth Fund have been announced today. The 15 SA and Victorian companies share in $19 million
B&R ENCLOSURES EXPANDS IN CHINA.
Australia’s leading manufacturer of enclosures and cabinets, B&R Enclosures, has opened its latest production facility in Suzhou, China taking its manufacturing footprint globally to more
NIPPYS – THE INTERNET OF BEVERAGES.
Iconic fruit and milk beverage company Nippys has taken the internet of things (IoT) route to improving operational performance at its Moorook facility in the
AUTOMATED KITCHEN MANUFACTURE CLOSE TO REALITY
Mystery surrounds a major new force in the cabinet making industry, with photographs revealed of a massive ‘almost fully automated kitchen manufacturing facility approaching completion’.
SMART STEPS IN INDUSTRY 4.0 JOURNEY
Industry 4.0 is a facility-wide endeavour, but when it comes to implementing it on the production line, manufacturers often wonder where to begin. This is
Deloitte and GE’s recent report reveals a significant finding around innovation and ROI.
While productivity improvement and operational goals are the main drivers when it comes to transformation initiatives, innovation in itself can power ROI.
Deloitte surveyed C-suite and non-C-suite executives across seven key industries: aerospace & defence, chemicals & specialty materials, industrial manufacturing, automotive, power & utilities, oil & gas, and metals & mining.
They found “high ROI is almost as likely to result from investments in innovation as from investments in productivity.” The key takeaway is not to reserve digital technology for improving processes. Using it to drive innovation offers strong prospects for growth. Read the Innovation Paradox section of the report here
Open IIoT is an Industry 4.0 collaboration of some of Australia’s most prominent automation brands – SMC Corporation, Beckhoff Automation, NORD Drivesystems and Balluff. In 2018, our members formed a cohort to deliver valuable, efficient and easy-to-understand information on IIoT and Industry 4.0.
