Majority of Malaysian SMEs yet to adopt Industry 4.0, say industry experts | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

Majority of Malaysian SMEs yet to adopt Industry 4.0, say industry experts

Penang State Exco Datuk Abdul Halim Hussain pose with panellist and participants during the Industrial Transformation Asia Pacific 4.0 Forum in Penang August 19, 2019. — Picture by Sayuti Zainudin

“This is a rough estimate that only 10 to 15 per cent of the SMEs that are dealing with tier one MNCs are migrating to I4.0 because they don’t have a choice,” he said in a press conference at an Industrial Transformation Asia Pacific 4.0 Forum at PSDC today.“There are migration by some companies but the numbers are not many and bigger migration can only happen when the government lay out their plans under the I4.0 Blueprint,” he said.

Messe Worldwide Sdn Bhd sales director Foong Lai Lyn said the main issues in the implementation of the I4.0 blueprint were that too many agencies wanted to take the lead in it. “All sectors, the public and the private too, needed to work together on this rather than having different agencies giving different information that could confuse the SMEs,” she said.

SingEx Exhibitions Pte Ltd executive director James Boey the slow uptake of I4.0 among SMEs was not only confined to Malaysia but also in other Asean countries including Singapore.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Entrepreneur Development Ministry mulls takeover of halal industry development | The Malaysian InsightEntrepreneur Development Ministry may take over halal industry development
Source: msianinsight - 🏆 8. / 63 Read more »