Building Singapore’s next-gen advanced manufacturing facility
SINGAPORE has committed a further S$3 billion to sustain research and development (R&D) initiatives in advanced manufacturing and other priority sectors – investments that are set to help the country move up the value chain and reinforce its competitive lead in manufacturing.
Much of the R&D will be put towards developing next-generation advanced manufacturing facilities in the city-state, of which Industry 4.0 solutions – notably robotics – will no doubt play a key role in driving productivity and cost-efficiency.
Critical cog
For the most part, manufacturing companies already recognise the immense value of robotics for its data collection and processing capabilities, which is an invaluable advantage for timely maintenance and facility upkeep. This is especially key in today’s macroeconomic environment, marked by complex demand-supply dynamics that requires manufacturers to be able to respond and adjust output quickly. This means that at any one time, companies need to ensure their production lines are fully operational and run uninterrupted.
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