Environmental Scan 2017 | Page 45

Environmental Scan 2017: Human Capital Issues within the Medical Devices Sector Recommendations 7 7 Help industry better understand their current status and gaps, and prepare them to move towards Industry 4.0 Recommended Actions Stakeholder E.O.I. IMPACT M H M H To develop an Industry 4.0 testlab to enable the industry and academia to be better prepared in terms of the new talents they require for Industry 4.0 related jobs. The testlab would: Initiative 7.1 i) Act as a “one stop centre” for the coordination of different Industry 4.0 approaches. The testlab would provide companies the opportunity to test their solution and innovation within the new manufacturing environment ii) Enable companies to identify key challenges and gaps that needs to be addressed when the manufacturing goes live at full scale iii) Allow members of academia to witness first hand on the new type of skillsets and knowledge that would be required to handle industry 4.0 MIDA, AMMI, MARGMA, MoHE For an example, in Czech Republic, companies which are interested in automated and digital production, can test their new solutions for smart factories in Testbed according to the principles of Industry 4.0. Not only are they are able to check the compatibility and functionality, they can also simulate and optimize production and relevant business processes. Initiative 7.2 To launch Smart Industry Readiness Index, which provides the industry with a clear vision, strategy, and a systematic roadmap for Industry 4.0 adoption. The Index will serve as a diagnostic tool that companies across all sizes can use to better understand Industry 4.0 concepts, evaluate the current state of their facilities and talents, architect a comprehensive transformation roadmap and deliver concrete, sustained value for their businesses. MIDA, industry, academia See case study on Singapore Smart Industry Readiness Index in the following page. Note: E.O.I = Ease of Implementation; L = Low; M = Medium; H = High 45