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Industry 4.0 is the current trend of automation and data exchange in manufacturing technologies that creates the so-called smart factory, where information and operations technology systems converge in a single network architecture.

 

By linking intelligent machines and Internet of Things technologies, an enterprise can experience seamless connectivity and information sharing across people, plants and supply chains.

 

But what does Industry 4.0 mean for Australian equipment manufacturers and their customers? In this video, OEM Foodmach, intelligent systems integrator Matthews and industrial automation and informations solutions provider Rockwell Automation provide some pre-AUSPACK insights.

 

Food & Drink Business

The New South Wales government has established its $25 million Agriculture Industries Innovation and Growth Program to increase uptake of innovative technology and equipment in the local agriculture sector. Applications close 23 January.

The Western Australian government has announced recipients for round seven of its Agrifood and Beverage Voucher Program, offering a share of $680,000 in funding to small-to-medium food and beverage companies.

Treasury Wine Estates has flagged softer near-term earnings as category conditions weaken across key markets, while outlining a broad reset of inventory, capital structure and operating costs under newly appointed CEO, Sam Fischer.