SME technology & Innovation day 2018

The pace of change in IoT and connected factories is fast and will continue to accelerate. The opportunity to optimise processes and efficiencies is huge, yet only a small proportion of manufacturing companies have implemented Asset Intelligence systems. The Fourth Industrial Revolution is well under way, but there’s still a lot more disruptive innovation and smart technology to come for manufacturing. SME companies in Singapore need to quickly adopt Asset intelligence management solutions to improve efficiency and reduce resources.

Some key areas for SME technology companies to consider when looking to implement an Asset Intelligence system:

• Infrastructure. New networking to support Asset Intelligence can be costly, disruptive and make the system unviable. Choose systems that require minimal to zero infrastructure in order to work. These are easiest to retrofit into any facility.
• Data. Identify what insight you need in order to inform decisions and bring efficiencies, what frequency you need to monitor, and which alerts and actions apply to each scenario.
• Security. Ensure suppliers have been penetration-tested and adhere to your internal data security policies.
• Futureproofing. Choose a system that is scalable and can monitor a large range of environmental, location and usage information. Ensure it has open integrations and will work well with your existing systems. Ask the supplier what is on their product roadmap
• Return on Investment. How will you measure the impact of the system and know if it is having a demonstrably positive effect?

SME Technology & Innovation Day (previously known as SME Day) is back this year with an exciting line-up of activities that will empower you with technology solutions for business success!

Jointly organised by A*STAR and Enterprise Singapore, SME Technology & Innovation Day 2018 brings together a full spectrum of technology-related initiatives from the industry and partner agencies. SMEs can find out more about the range of technology solutions made available to streamline processes, achieve cost effectiveness, business sustainability and growth.

Join at at SME Technology & Innovation Day 2018 to learn from the success stories of local companies in adopting Asset intelligence management and developing technologies through the plenary and Show & Tell sessions, and explore technology offerings at over 90 exhibition booths.

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