Publication Type
News Article
Version
acceptedVersion
Publication Date
11-2021
Abstract
While Covid-19 and the climate catastrophe continue to make headlines, local small and medium-sized enterprises (SMEs) are quietly setting the gears of Smart Manufacturing in motion with a strategic focus on digitising and automating production processes powered by "Industry 4.0" (I4.0) ready business models. A shared view among several interviewees we talked to recently in the context of an ongoing study on the impact of I4.0 on the business models of local manufacturers is that Industrial Internet-of-Things (IIoT), machine learning, visual computing, automation and digital twining are deemed of great importance for the long-term competitiveness of Singapore's manufacturing ecosystem on the global stage.
Keywords
Manufacturing, Industrial Internet-of-Things, innovation, Singapore
Discipline
Asian Studies | Management Sciences and Quantitative Methods | Organizational Behavior and Theory | Technology and Innovation
Research Areas
Organisational Behaviour and Human Resources
Publication
Business Times (Singapore)
First Page
22
Last Page
22
ISSN
1733-8179
Publisher
Singapore Press Holdings
Citation
MENKHOFF, Thomas and SURIANARAYANAN GOPALAKRISHNAN.
Smart manufacturing and its implications for Singapore's SMEs. (2021). Business Times (Singapore). 22-22.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/6841
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Included in
Asian Studies Commons, Management Sciences and Quantitative Methods Commons, Organizational Behavior and Theory Commons, Technology and Innovation Commons