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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

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Two of Australia’s peak business bodies have welcomed the federal government’s response to its Strategic Examination of Research and Development (SERD), but the Australian Industry Group (AiGroup) has raised sharp objections to a proposal it says will actively reduce the business R&D investment the report itself identifies as critically low.

A sweeping government review of Australia’s research and development system has recommended significant changes to tax incentives, manufacturing support and R&D funding to reshape how companies invest in innovation.