Scaling Australian Manufacturing Through Digital Platforms (Full)
Channel: The Royal Society of Victoria
Date: 20/12/2020

Described as the “fourth industrial revolution,” Industry 4.0 is promoted as a great enabler for the re-shoring of Australian manufacturing in a cost effective and globally competitive way, even for low volume production and small batch sizes.

This is where Australia has an opportunity to make the most of technology transfer from the mining sector to our manufacturing sector, accelerating the transition from idea, to design, to prototype, to production by enabling Small to Medium Enterprises to test new technologies and business models in a pre-competitive, digital environment, minimising technical and financial risk.

Professor Bronwyn Fox from the Swinburne University of Technology is confident that these new tools and processes – particularly “cognitive digital twins” of a product, its production and performance - will enhance our sovereign manufacturing capabilities and, where the COVID-19 pandemic has revealed gaps in our vital supply chains, we will now have the capability to plug these gaps.

Produced with the support of the Inspiring Victoria program. Short digest available at https://youtu.be/ZKvSkGAVhy0.