We’re living in a time of rapid
digitisation, where computers and robots are performing tasks once deemed
science fiction. The technology shifts signal another industrial revolution, and
even though we are still in its very early stages, the pace of change is
accelerating.
The industry needs smarter, leaner
and agile factories, where faster and reliable decision making and intelligent
data stream management are prerequisites.
Aerospace
segment is probably the only segment that still looking slightly good though
some restructuring are seen to take place in the market place. Manufacturing labour
force still have many challenges ahead. The ability to do catch up with
manufacturing industry 4.0 is still far-fetched. But in order to be in the
digital frontier, we need to be ready and get equipped.
As the
Wall Street Journal explained in June 2013: “The new industrial revolution is a
wave of technologies and ideas that are creating a computer-driven
manufacturing environment that bears little resemblance to the gritty and grimy
shop floors of the past.”
We are
quickly moving from information technology to intelligent technology. Products
in a factory will find their way independently through a production process,
and a worn cutting tool insert will know when it’s time to be replaced by a
fresh and ask an available robot to get a new one and make the change.
The
technology can be used in basically all industries for increased sustainability,
quality, safety, efficiency and profitability. The Internet of things is what
will take your component through the entire production process and autonomously
ensure that the manufacturing is performed flawlessly from start to end.
The
industry needs smarter, leaner and agile factories, where faster and reliable
decision making and intelligent data stream management are prerequisites.
Additionally, a competence shift will be essential. To succeed, your staff will
need to concentrate on innovative processes and smart product development
rather than traditional tasks that are taken over by automation.
Sandvik Coromant will continue to strengthen
our operations and presence in different ASEAN countries. We have planned to
further strengthen our position in this region with a strong conviction that
this is one of the few regions globally that we could expect better than
average growth in the coming years. In 2016, we will continue to drive ONE
business idea which is to help our customers to be more competitive in their
businesses by improving productivity and reducing downtime in their
productions.
We
believe that the ASEAN region will grow in 2016. We are aligning our Business
Strategy with the expected growth in this region so that we can further
strengthen our market position. Most importantly, this is to meet the
increasing expectations of our customers and this is our promise!
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