APAC Outlook

4TH ANNUAL MANUFACTUR­ING EXCELLENCE CONFERENCE

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Analysing the impact of industry 4.0

MARCUS E VA NS TA K E S great pride in organising one of our flagship events, the 4th Annual Manufactur­ing Excellence large scale event from July 30 to August 2, 2019. Manufactur­ing is entering a dynamic new phase. By 2025, a new global consuming class will have emerged, and the majority of consumptio­n will take place in developing economies. This will create rich new market opportunit­ies.

Meanwhile, in establishe­d markets, demand is fragmentin­g as customers ask for greater variation and more types of after-sales service. A rich pipeline of innovation­s in materials and processes from nanomateri­als to 3D printing to advanced robotics also promises to create fresh demand and drive further productivi­ty gains across manufactur­ing industries and geographie­s.

Industry 4.0 is expected to accelerate over the next two to three years transformi­ng manufactur­ing processes on the way. Industry

4.0 will make supply chains and production processes more interconne­cted, efficient and flexible, allowing mass-customisat­ion and virtual production.

The digital transforma­tion of manufactur­ing, ongoing convergenc­e of IT (Informatio­n Technology) and OT (Operations Technology) and the usage of IoT (Internet of Things), in combinatio­n with other technologi­es, are changing the face of the manufactur­ing technology landscape and the face of manufactur­ing itself (processes, people, work, business models and so forth).

Manufactur­ing earnings and exports are stimulatin­g economic prosperity causing nations to increase their focus on developing advanced manufactur­ing capabiliti­es by investing in hi-tech infrastruc­ture and education.

For more informatio­n visit the Marcus Evans website.

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