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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

Advanced biomanufacturer, Cauldron Ferm, has raised $13.25 million in a Series A2 priced round led by Main Sequence Ventures, with participation from Horizons Ventures, SOSV, and NGS Super.

Global consumer goods business, Unilever, has confirmed it is in discussions with McCormick & Co on the sale of its Food business. Both companies have released statements saying while negotiations are ongoing there is no certainty of a deal.

Australian organisations could gain access to the world’s largest pooled research fund by early 2027, as the federal government begins treaty negotiations on association to Horizon Europe, the European Union’s $155 billion flagship research and innovation funding program.