MNCC organising conference to explain Industry 4.0, facilitate and fund SME adoption | Malay Mail

MNCC president Professor Ahmad Zaki Abu Bakar speaks to 'Malay Mail' during an interview in Petaling Jaya April 16, 2019. — Picture by Yusof Mat Isa

Titled “Industry 4.0: Demystify, Funding and Roadmap” the conference aims at providing baby steps to the local SME industry on how they can adapt to the future, remain competitive, and not be left behind, all while ensuring they can afford to change., MNCC president Professor Ahmad Zaki Abu Bakar said his aim in organising this conference on April 30 at Hilton Petaling Jaya was to ensure that Malaysian SMEs keep astrid with global advancements.

Apparently, many in the SME sector are aware and interested in adapting to I4.0 but they are not sure what is in it for them besides having to fork out a lot of money for investment.One of the speakers for the conference, Jimmy Cheah, said the reasons behind their refusal to adopt I4.0 are complex. “However, South Korea and Vietnam adapted to the current technology quickly because they started later than us and they began with more modern technology — just like how a millennial easily adopts the iPad or smartphones when compared to the older generation,” Cheah pointed out.

“Their lifespan will be slightly longer than 10 years but they will be less competitive and we are talking about the domestic market. For industries competing outside of Malaysia, then their lifespan will be shorter. “Some of the speakers I talk to, they have this observation and they provide feedback to the organiser — when people come in and they just listen to the speakers in other I 4.0 conference they just talk about products and they cannot relate to it.

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