Seeking quick wins won’t work in Industry 4.0

Aware of the competitive value technology now drives — and the pressure to keep up with rivals — most executives set aside sizable budgets and resources to prepare their organization to transition into the age of Industry 4.0.

In this era, businesses are frequently investing to ‘get by’ and maintain pace with rivals, but few are seeing real returns from their digital investments. According to a new report that surveyed more than 2,000 C-suite global executives, issues, on the hole, likely come down to a lack of long-term planning.

While most organizations possess the capabilities required to thrive in Industry 4.0, a significant number of them do not have a complete grasp of what going digital entails, the technologies involved, and how to keep the momentum going. In fact, things are looking pretty scattered.

Ad-hoc approaches
According to the report, just 10 percent said that they had a comprehensive, long-term strategy in approaching Industry 4.0. Nearly half (47 percent) of respondents, meanwhile, said that Industry 4.0 was approached in an ad-hoc manner, and 21 percent do not have a formal strategy in place.

The problem is, that all too often organizations are building strategies around short-term gains at the expense of long-term returns, and they aren’t leveraging technologies boldly across all business operations. But survey data shows that organizations with holistic strategies are primed to do much better.

For example, 73 percent of organizations with a disciplined approach to strategy expressed confidence in surviving disruption, greatly surpassing those that have no or ad-hoc Industry 4.0 strategies (13 and 12 percent respectively).

They also benefit financially — approximately 90 percent reported a 5 percent annual revenue growth over the past year. Ultimately, myopic business mindsets have no place in Industry 4.0.

A wide-angle view
Leaders have to look beyond immediate profit when it comes to leveraging technology and pursue wider disruption in their own industries or organization, rather than just to drive high revenues and reduce costs in one area of the business.

That said, though, healthy market competition doesn’t mean industry members can’t benefit mutually from open innovation. Communication and information sharing with fellow industry players and technologists will help identify the current technological needs and investments required.

Of course, enabling tech means appointing the right talent, and businesses will also need a highly-skilled, resilient workforce for sustained Industry 4.0.

Currently, just 20 percent of respondents agree that their organization has the skills required to survive Industry 4.0.

In terms of investment priorities, 74 percent would invest in training and developing workforces, 59 percent would invest in understanding what skills are needed, and just 28 percent will focus on attracting and retaining new talent.


While getting a big break in the age of Industry 4.0 sounds like a mountain to climb, companies that double down will be rewarded for their efforts, building the muscle required to position their organizations at the leading pack in the coming years.

good reading guys

Good morning to all arbb fighters

No real address given by rj87 means he is just boasting, lai sign your dog meal mou rj87 beggar.

RJ87 Lai, tmr sign MoU with me...I give u IOT wash toilet project USD500mil.

Biggest ever MoU ARBB signed to date. Dunno how many ppl gonna fall for this shit.
26/02/2020 3:24 PM
Lai lai lai , give me your address, I come to sign rat butt rj87 toilet paper mou

Rj87 Disgusting little dwarf, likes to smell and hide under old uncle smelly underwear, hahahahahahahha

Lai, where are you, give me your address, I will come over now to sign your toilet paper mou, where are you now? I will be at your doorstep very very soon.

If you know how to read,and you don't have even 1arbb shares, then its means you are here looking for trouble rj87 dog beggar!

if no need to take your words for it then you are either pass motion or pass wind over every forum!

RJ87 No need to take my words for it...

We see the coming quarter reports...

Too many things don't add up to appear like honest business.
26/02/2020 12:43 PM

waiting this quarter rj87 you sure go holland if there is no impairment review!
you should put your name talk rubbish number 1 instead of rj87

RJ87 The list of MoU, 3 have cancelled....

MoU is not the same as PO or LOA. You see, more dodgy stuff.
Why sign so many but don't materialize any. Even more dodgy.

===================================================
THEREALDEAL Arb is doing IoT biz as arbb have signed agreements to deploy smart water meters, smart water filtration water system, etc.
26/02/2020 12:52 PM

huntertee Thanks for the heads up RJ87. This company is indeed very dodgy. They keep shouting Ir4.0 but this company has nothing to prove that is doing things related to it. Nothing tangible. Profits also in the form of receivables only
26/02/2020 1:58 PM

if not doing IOT business? why they sign agreements? waiting you to spoon feed arb argh?

RJ87 I also use the word Smart, smart, smart to con government grants what.
26/02/2020 12:47 PM

rj87 u thought goverment is as stupid as you rj87? so ez to get con? people are not like you, like to con innocent people!

coming quarter you sure go holland rj87

The list of MoU, 3 have cancelled....

MoU is not the same as PO or LOA. You see, more dodgy stuff.
Why sign so many but don't materialize any. Even more dodgy.

===================================================
THEREALDEAL Arb is doing IoT biz as arbb have signed agreements to deploy smart water meters, smart water filtration water system, etc.

mou sign is it compulsory to implement it? compulsory or not rj87 and fake account huntertee?

rj87 and fake account huntertee are pass motion or pass wind? i think both, hahaha clap clap clap another baseless accuse

hahaha clap clap clap

Arb is doing IoT biz as arbb have signed agreements to deploy smart water meters, smart water filtration water system, etc.

It’s not like what rj87 said simply change

Meaning, arb got approval on biz diversification w.e.f. 4/12/2018 officially.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2910825

Approval gained from EGM was 4th Dec 2018. Link as below

Are you sure what are you talking about rj87, you work in arbb? Which department are you in? I will drive down arbb office to chat with you. Nice, drink some coffee.

Good saying

Everyone has their right to speak, just let him make his opinion

Let him talk, it's his freedom. Ok guys, peace!

Have you eat your dog meal this morning

Lol

Mad dog is here

Hahaha

Good morning elaine Tan, and to all arbb fighters. Going have my breakfast, see you later guys.

Industrial Revolution 4.0: An Overview of Readiness and Potential Economic Effects in Malaysia from Millennial's Perspective

Industrial Revolution 4.0 (IR 4.0) and Internet of Things (IOT) have become subjects of much interest in recent years and are expected to gain momentum locally and internationally when they become part of the core initiative of various governments. With the advent of the 4th global industrial revolution, the government recognized the importance of integrating the IR 4.0 initiative into the national agenda as a mean to keep pace with the latest advancements. In this regard, is the Malaysian workforce ready for the change? How is this being perceive by the millennials? Are millennials familiar with internet of things, FINTECH, additive manufacturing, big data or smart manufacturing? This study attempts to investigate whether or not millennials studying at local public university are clear about IR 4.0. In addition, the study attempts to seek millennials on various issues pertaining IR4.0. A survey involving 400 students of public university in Malaysia are being undertaken. The finding of the study indicates that 90% of the respondents have heard about IR4.0. In addition, 70% expressed that they have some understanding on what is happening and expected to happen in the Fourth Industrial Revolution (IR 4.0) in general. There are also concern with regard to the potential impact of IR4.0 on unemployment and the economy.

World Scientific News - Industrial Revolution 4.0 and Internet of Things (IOT) have become subjects of much interest in recent years and are expected to gain momentum locally and internationally when they become part of the core initiative of various governments. With the advent of the 4th global industrial revolution (IR), the government recognized the importance of integrating the IR 4.0 initiative into the national agenda as a mean to keep pace with the latest advancements. The Malaysian government in its recent budget presentation announced that there will be some allocations to encourage transformation of companies into IR4.0. IR 4.0 will make machine more intelligent where it gives manufacturers insights they never had before. Automation process is used in factory for the production in the manufacturing sector. The used of automation in factory are called smart factory. Having said all the above, is Malaysian workforce ready for the change? How is this being perceive by the millennials? Are millennials familiar with internet of things, FINTECH, additive manufacturing, big data or smart manufacturing? What are the potential impacts of IR4.0? A recent study on IR 4.0 readiness involving 1500 corporate executives or CXOs across 19 countries revealed that only 14% of CXOs are highly confident their organizations are ready to fully harness industry 4.0’s changes.

hehehehe

go on repeat it, i love it

leave that small rat rj87 alone, he is crazy

good morning kennychua

Haha Haha rj87 trying to twist and turn again, you make my day very happy rj87.hahahaha good one, but readers will read all the above, your monkey show is interesting, hahahaha

Good morning to all arbb fighters,

its true, this idiot rj87 is only buy high sell low, and now he only empty talk, rj87 did not buy any shares here but still cry father cry mother here. lol

copy to make a reference, before this axxhole delete
RJ87 I'm not ur b*tch...So, I didn't buy at all. And evidently, I strongly encourage ppl to do due diligence on this company carefully. its very dodgy to me. This is FAIR thing to say.

And got people like Elaine, Kenny and etc etc. They don't hold. They are smart trader that makes u the stupid trader. Be careful. This is a FACT...
24/02/2020 8:14 PM

hahaha so thats why you come here to bark, fake account right rj87?

walk the talk bastard poor conman dog shet eater conman rj87

repost again b4 this conman rj87 delete

RJ87 Those that bought from u in 2 May, and losing money now...put up ur hands...=D
24/02/2020 12:36 PM

RJ87 Sorry I didn’t come early enough...
24/02/2020 12:37 PM

no need to be sorry, conman beggar rj87, come buy high and sell low to all of the investor in arb, show us that you are making money by buying high price and sell low to us, show us you are not conman! because you pointed out elaine tan buy low and sell high is con people. show to us now dog beggar conman rj87!

to repost my post to dear conman rj87 dog beggar,


THEREALDEAL First thing first, it's you who said buy rm1,000 000 arb shares, not me! Second thing, I want to bet with you rj87 rm1,000,000 on arbb this year will not go for impairment review, come bet, you are a conman beggar rj87. Many people are watching you do monkey show. Haahha
24/02/2020 4:38 PM

if you do not dare to bet with me, you talk about this year confirm arb do impairment review is bullshet! and confirm you are nothing but a conman lying dog beggar rj87!

repost this before conman rj87 delete,

RJ87 Con men exposed...read for urself...
U bought from her in May,19. U r losing money now...

there are about 1bil more shares to go...
Be careful...
_____________________________

Elaine Tan i got it's PR at 0.005 sen, plus 1 sen subscription, my cost is only 0.015 sen. and is sell at 2may 2019, how much percent i earn? rj87 you can count ? only 200%-300%? i am not those who likes to showoff, but since you asking me, then, whack into your bloody face rj87! oh paiseh ,you are conman rj87 just like kennychua said
24/02/2020 12:56 PM


-to tell you the truth, rj87 lose too much of money, now he is trying to twist something is right, if elaine tan buy lowand sell high is con, then you should buy high and sell low to us!

First thing first, it's you who said buy rm1,000 000 arb shares, not me! Second thing, I want to bet with you rj87 rm1,000,000 on arbb this year will not go for impairment review, come bet, you are a conman beggar rj87. Many people are watching you do monkey show. Haahha

Wow woof woof rj87 is here,

ok 靓女 phoon phoon, we meet up and talk about the terms and condition for this betting, how about you conman rj87? too poor to bet? no money ? ask kenny chua where got loan shark that wanted to lend you some money to bet with me. hahahah poor kid

Yeah I think rj87 is on a train or met to work, stay with parents or still rent a room? Hehehe

If this year arbb did not make Impairment review, so how rj87? Your so confirm ARBB are making impairment review this year, right? if so I think we can make a bet about this ,rj87. I bet with you rj87 rm1,000,000, if arbb this year 2020 did not make impairment review, you lose rm1,000,000 to me. And but the other way round arbb this year 2020 make impairment review I lose rm1,000 000 to you. Give me your phone number , I ask my lawyer to contact you, so that we can make this bet.

Gangs of cry father cry mother is here, haha

Good morning to all ARBB 7181 fighters