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Three key technology areas are advancing industry 4.0’s acceleration: sensor technology innovations, measuring from resistivity to temperature; advanced manufacturing processes utilising next-generation robotics and 3D printing; and enhanced ability to interrogate larger, more complex data sets in real time production due to greater media storage combined with IT processing power.

And it’s all brought together by the development of open connectivity platforms and the merging gap between specialised industrial PLC programming with traditional software programming.

The best place to start is by identifying every machine or process (from raw materials to packaged goods) not “connected” to understand what information is immediately accessible. It’s not uncommon to have orphaned equipment, particularly in the packaging side, and integration can often be a simple upgrade.

In this video, Matthews Australasia’s product manager for coding technologies, Trent Munro speaks about the new technologies advancing Industry 4.0, what brings it all together, how companies can adopt these new technologies in their existing manufacturing facilities and the specific benefits Industry 4.0 delivers in terms of driving productivity and efficiency.

Learn more about what technologies are driving Industry 4.0 by reading the full story.

 

Food & Drink Business

The Top 10 remained a stable list this year, with five companies holding their position – Fonterra (#1), JBS (#2), Coca-Cola Europacific Partners (#3), Asahi (#4), and Thomas Foods International (#7). The biggest change was Treasury Wine Estates dropping out of the list, from #10 to #13.

Food & Drink Business and IBISWorld present this year’s Top 100 companies, a ranking of Australia’s largest food and drink companies by revenue. This year reflects a sector positioning itself for immediate term viability and long-term competitiveness.

The surge in usage of ‘GLP-1’-style weight loss medications is seeing a “ripple effect” begin to unfold, impacting eating patterns in a number of countries around the world, Rabobank says in recently released research.