8th August 2023: Technical Conference 2023 at Amari Hotel, Penang.
Mr. Yeap KC, the CEO of YGL CONVERGENCE BERHAD, was extended an invitation by RESPACK Group of companies to deliver a presentation on the topic of “Process Automation Deploying Industry 4.0 Technologies.” During his talk, Mr. Yeap provided insights into the core principles of Industry 4.0, discussed various technologies associated with this industrial revolution, and emphasized the significance of Mr. Yeap’s presentation delved into the key pillars of Industry 4.0, which typically include:
Interconnectivity: This refers to the seamless communication and information exchange between various machines, devices, and systems. This interconnectedness enables real-time data sharing and collaboration across the entire production chain.
Data Transparency: Industry 4.0 emphasizes the collection and utilization of data throughout the production process. Sensors and smart devices gather data, which is then analyzed to gain insights, optimize operations, and enhance decision-making.
Technical Assistance: Technologies such as artificial intelligence (AI) and machine learning (ML) are leveraged to provide real-time insights, predictions, and suggestions that aid human operators in making more informed decisions.
Automation: Automation technologies, including robotics and autonomous systems, play a crucial role in Industry 4.0 by streamlining processes, reducing human error, and increasing productivity.
Smart Factories: Industry 4.0 envisions the creation of “smart factories” where machines, processes, and systems are interconnected, enabling adaptive manufacturing and efficient resource allocation.
During his talk, Mr. Yeap also highlighted the practical technologies that fall under the Industry 4.0 umbrella, including the Internet of Things (IoT), cloud computing, big data analytics, additive manufacturing (3D printing), augmented reality (AR), and cybersecurity measures to protect digital assets and information.
Mr. Yeap emphasized the importance of embracing digitalization, especially for SMEs. He pointed out that while larger corporations often have the resources to adopt these advanced technologies, SMEs can also benefit significantly from automation and digital solutions. The implementation of Industry 4.0 technologies can enhance their competitiveness, improve operational.