Industry 4.0 is upon many different countries in the world, including Malaysia. There is a lot of excitement around just how much of a game-changer this revolution is going to be. With artificial intelligence, cloud computing technology, robotic process automation and more, this gives the country an opportunity to evolve and keep up with the rest of the world.
4 Reasons Why Industry 4.0 Is A Game-Changer
1. Improve Government and Safety:
Many overlook the fact that new technology can help improve the government in Malaysia. Citizens all around the country will have the ability to talk with the government, voice their opinions and be more involved overall. Industry 4.0 gives people a voice.
From a security standpoint, new technology allows the government to keep citizens safer. There are new safety features that can be added to schools, office buildings and more. There are some people who fear that advanced technology coming out of industry 4.0 will be used for the wrong reasons, which makes transparency more important than ever.
2. Consumers Live a Better Life:
Industry 4.0 allows for a much more customized way of life for all consumers. The focus is on smart items that increase productivity and cater to different types of people. Consumers don’t have to worry about wasting time, because smart devices help them automate certain parts of their lives. This means that consumers will need to learn how to properly utilize new technology, but it’s a process that many will enjoy, as these new techs can be really intriguing.
3. A sustainable future
If Malaysia does not evolve with the rest of the world, there’s a chance of being left behind. Industry 4.0 allows for a sustainable future, using new technology to reduce the risk of job losses, resource shortages and more. It’s sometimes hard to focus on the future while also taking care of current day problems, but Industry 4.0 is a huge step in the right direction. New business models and new technology available for businesses can help with growth and profit margins.
4. Evolving into a manufacturing nation
At this point in time, Malaysia is viewed as a consumer nation only. Industry 4.0 can change that pretty quickly by impacting factories, manufactures and more with automated equipment that is ready to be implemented.
One company in Malaysia right now, Invenpro – a smart manufacturing company in Malaysia that produces Industry 4.0-ready equipment, focusing on equipment offered to businesses looking to be on the cutting edge of technology and innovation.
Factories will have the ability to use these machines to fully automate production lines and even allow them to make their own decisions. With machines and technology helping with the process, workers can become coordinators instead of having to manually put in the hard work at monotonous jobs. This frees up time for humans at jobs to work on more important things.
The simple tasks will disappear in time, allowing workers to show off their innovative skills and not waste their time on things that can be done by machines. Those with marketable skills will have the ability to rise to the top. Their value will be discoverable instead of wasted on jobs they are overqualified for.
New technology means new innovations, and that means a more diverse economy. There will be new demand for jobs that are high-paying, and that means a higher quality of life for those individuals.