Digital Transformation

According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.

Swinburne University of Technology’s Factory of the Future has ventured into a partnership with CWX Technologies that would place the university at the forefront of the enterprise metaverse movement. 

The construction industry has undergone significant transformation over the past twenty years. Speedpanel, a leading Australian manufacturer of lightweight, fire-rated, and acoustic wall systems, made a groundbreaking entrance in the early '90s, revolutionising the Australian construction landscape.

Ampcontrol is bolstering its expansion plans with the appointment of Victoria Aspden as Executive General Manager for Digital & Transformation.

Australia’s ability to make more world-class products is one step closer to a resurgence with the House Standing Committee on Industry, Science and Resources last month announcing an inquiry into developing a local advanced manufacturing industry, with submissions closing on 30 March. 

The healthcare industry is the fifth largest contributor to planetary pollution. Adapting digital health technologies like telehealth, electronic health records, usage of artificial intelligence (AI) and the internet of things etc. would help to reduce carbon emissions in the sector. 

As the digital realm becomes the centre of transformation in the manufacturing industry, business leaders are increasingly exploring emerging technology and investing in digital solutions, such as e-commerce, to bolster their own growth efforts. 

In the dynamic manufacturing sector, where competition is intensifying and innovation is recognised as a key differentiator, manufacturers are always looking to enhance operational efficiency, minimise costs and elevate product quality.

New research from the software research site Capterra has found that the pace of technological evolution is leading to generational division in Australian workplaces. 

Advanced technologies and services can have a transformative effect in cost, product quality and productivity, substantially increasing the bottom line for manufacturing companies.