A lab that enables manufacturers to create virtual replicas, or “digital twins”, of physical objects and systems has been launched by CSIRO’s Data61. The Mixed Reality Lab in Melbourne houses a set-up of industrial and consumer optical cameras and sensing equipment to capture detailed information about a physical object and the space surrounding it. The … Continue reading CSIRO’s Data61 launches “digital twin” lab
A new report from the Australian Industry (Ai) Group has outlined the state of business digitalisation as more companies transition to Industry 4.0, providing a set of recommendations on how to overcome lingering challenges. The report, titled The Fourth Industrial Revolution: Australian businesses in transition, indicates that an increasing number of company business models are … Continue reading More businesses transitioning to Industry 4.0, new report finds
The global industrial communication market is set to grow from its current market of value over USD $80 billion in 2018 to USD $160 billion by 2025, a trend driven by the emergence of the Industrial Internet of Things (IIoT), according to a new research report by Global Market Insights. According to the report, over … Continue reading New report: IIoT transforming the industrial communication market
Swinburne University of Technology and its industry and research partners have been awarded $1 million of funding through the Global Innovation Linkages Program towards a $3.5 million project focused on Industry 4.0 manufacturing of high volume lightweight composites. The project will use a world-first process for 3D printing of industrial scale composites in Swinburne’s Industry … Continue reading Swinburne gets $1 million in funding for world-first industrial-scale 3D printing process
Siemens and Bentley Systems have announced a strategic alliance agreement to drive new business value by accelerating digitalisation to advance infrastructure project delivery and asset performance in complementary business areas.