Now’s the time for Aussie SMEs to shine: Getting onboard the fourth wave

With all the buzz about Industry 4.0, Australian defence sector SMEs face some clear strategic choices. They can become part of a drive to take small Australian manufacturers to the forefront of global defence supply chains, or they can step aside and let it pass them by. The $200 billion defence investment over the next decade provides the catalyst. Australia will never really compete with Europe (and others) in high volume production processes. Low volume, high value products and processes (like those in defence) are a different matter. WHAT IS INDUSTRY 4.0? The 4.0 signifies the “fourth wave” in the industrial era. Each previous wave produced disruptive changes to how things were made, wh

Full STEAM ahead – putting STEM enrolments back on track

As a Science Technology Engineering and Maths (STEM) professional, working in and around engineering, technology and manufacturing organisations for well over a decade, I often hear about the need for more STEM educated people if we’re going to flourish as a nation in the future. This is no surprise, as the jobs of the future are forecast to be STEM-heavy, with Microsoft suggesting in its Building Australia’s future-ready workforce report that these jobs will be in Artificial Intelligence (AI), Machine Learning (ML), cyber security, the Internet of Things (IoT), augmented reality and the list goes on. Where I could not disagree that the shortfall in STEM graduates in Australia has been overs

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