BROWSING: McKinsey

A new survey by global management consulting firm McKinsey & Company says robotics and automation systems will account for 25 percent of capital spending by industrial companies over the next five years, mostly for routine manual tasks in the logistics and fulfillment, retail and...

Another challenge, apart from devices, with the mission to scale industrial 5G is with sales channels. Speaking a while back, following its “flagship” arrangement with system integrator Kyndryl for its various Industry 4.0 gear, Nokia says its strategy on private networks has shifted, decisively....

A new industrial consortium including SAP and Siemens has convened to help industrial organisations go beyond the ‘pilot trap’ with their Industry 4.0 deployments. The Singapore Economic Development Board (EDB) and German testing and certification company TÜV Süd have recruited SAP and Siemens, alongside management...

The World Economic Forum has expanded its list of the most advanced factories in the world, consolidating Europe’s position as the smartest region for manufacturing. China shores up its second place. The US and Middle East trail behind. In total, seven new ‘lighthouse’ factories (listed...

The new IIoT center will allow local firms to adopt new technologies such as AI, big data and IoT   Global management consulting firm McKinsey has expanded its presence in Taiwan, with the opening of its North Asia Industrial IoT hub, Taiwanese press reported. The new hub,...