Knowledge Sharing Knowledge: Industry4wrd

1. For Internal Use - For Internal Distribution Only
FACULTY OF TECHNOLOGY MANAGEMENT AND TECHNOPRENEURSHIP
UNIVERSITI TEKNIKAL MALAYSIA MELAKA
STRATEGIC TECHNOLOGY MANAGEMENT (PDTM 6233)
MOHD YUSOF BIN ABU BAKAR
P062220002
MOHAMMAD ARIFF BIN MD YUSOF
P062220004
AHMAD AZLAN BIN SALEH
P062220009
NURUL ‘ATIQAH BINTI YAHAYA
P062220006
LECTURER: Assoc. Prof. Dr. Boon Cheong CHEW

2. How
THE INDUSTRY4WRD FRAMEWORK

3. For Internal Use - For Internal Distribution Only
GLOBALIZATION
ENHANCED THE
SPREAD OF
KNOWLEDGE
AND
TECHNOLOGY
Globalization and technology
shared a causal relationship
It has allowed countries to
gain easier access to foreign
knowledge.
Transfer of technology has helped to boost
innovation and productivity in the emerging
market
Globalization enhanced international
competition

4. For Internal Use - For Internal Distribution Only
Adoption of Technology
04
02
Artificial Intelligence (AI)
01
Industry Investment
03
Machine Learning

5. For Internal Use - For Internal Distribution Only
Employment Opportunities
Skills will continue to
help in the country’s
economic recovery and
growth and will become
the new currency for
recruitment in the
workplace (MIDA, 2021).
 Lead to the
development of new
products and services
that enhance people's
lives
 VRAR - improve the
productivity of
healthcare personnel
by accelerating their
time-to-diagnosis,
surgical accuracy and
reduce time-to-care
Automation, AI, and
machine learning
technologies can create
high-skilled jobs related to
technology development
and maintenance
Improved Quality of Life
Skill Development
SOCIAL BENEFITS

6. For Internal Use - For Internal Distribution Only
Capital and Labor
Augmentation Spurs
Innovation and Increased
Productivity
When machines handle job
routine, time consuming
activities and human capacity is
freed up to create new products
and new tasks (Muro, Maxim,
and Whiton, 2019) which
leading to higher output with
the same or fewer resources.
Competitiveness
 AI has been recognized as a
strategic information
technology innovation tool
to improve companies’
competitiveness.
 Industries that adopt
advanced technologies tend
to be more competitive in
the global market which
lead to increased exports,
bringing revenue into the
country and boosting the
economy.
Innovation
&
Entrepreneurship
When businesses adopt new
technologies, it often leads to
the development of
innovative products and
services as individuals and
small businesses find new
opportunities in the evolving
technological landscape.
ECONOMIC BENEFITS

7. For Internal Use - For Internal Distribution Only
Cost Reduction
 Automation can lead to
significant cost reductions in
the long run and leading to
financial saving.
 If a machine can do tasks
currently done by humans,
it will do it with greater
precision, speed and at
lower cost.
Economic Growth
 Automation lead to
economic growth by
increasing
productivity, improving
quality, and creating new
jobs thus will resulting in
higher incomes, increased tax
revenues, and improved
standards of living.
 The study also found that
automation could boost
Malaysia's GDP by up to 14%
(Malaysiakini, 2021).
ECONOMIC BENEFITS

8. Artificial Intelligence (AI) Market Size in Malaysia

9. For Internal Use - For Internal Distribution Only

10. For Internal Use - For Internal Distribution Only
 To recognize and reward companies for
their tangible achievements in terms of
performance and productivity
improvements.
 The strategy proposes the introduction of
dynamic and innovative financial products
such as venture capital funds, technology-
focused loans, or risk-sharing mechanisms
in order to promote the adoption of
Industry 4.0 technologies and processes.
 To motivate companies to invest in cutting-
edge technologies, ultimately bolstering
their competitiveness and fostering growth.
Funding & Outcome based Incentives
Enabling Ecosystem & Efficient Digital
Infrastructure
 The foundation of Industry 4.0
technologies and services hinges on the
establishment of a fast and secure data
connection.
 Nevertheless, certain gaps in connectivity
persist, particularly in crucial industrial
and training locations, which have the
potential to hinder the adoption and
development of Industry 4.0 technologies
and processes.
 To address this issue, the strategy is to
identify and eliminate key connectivity
bottlenecks in priority locations, in order
to ensure these essential areas have
access to the requisite high-speed and
secure data connections.
RELEVENT POLICIES

11. For Internal Use - For Internal Distribution Only
 Observations from experiences in other countries
have underscored the crucial role played by
digital and technology labs for the dissemination
of Industry 4.0 technologies and knowledge
transfer
 Government's objective is to collaborate with
both global and local industry leaders in
establishing digital and Industry 4.0
demonstration labs, with the aim of facilitating
the practical showcasing and application of these
transformative technologies
 The main imperative lies in the development and
commercialization of novel technologies and
processes tailored to meet specific requirements
within priority sectors to uphold Malaysia's status
as a preferred high-tech and manufacturing hub,
as well as a trusted supply chain partner.
Upskilling Existing and Producing Future
Talent
 The swift transition to smart manufacturing
business models, technologies, and processes is
driving a significant shift in the skill
requirements for the current workforce.
 This transformation is necessary for the
establishment of well-structured and current
training and skills development avenues.
 The objectives of this strategy is to enhance the
skillset of the existing workforce, ensuring that
they are well-prepared to adapt to the changing
demands of Industry 4.0.
 To mitigate the potential impact on jobs by
enabling individuals to acquire the necessary
skills and expertise required in the evolving
landscape of smart manufacturing.
Access to Smart Technologies &
Standards
RELEVENT POLICIES

12. For Internal Use - For Internal Distribution Only
 Digital Platform Network+ (DPN+) aim to establish a robust
community of digital solution providers to promote the
capacity and capabilities of local technology firms and
simultaneously contribute to the growth of the digital economy
 Allocation of RM100 million for digitalization grants and RM900
million in loan funds to enhance business productivity through
automation and digitalization.
 Malaysia government’s plan to invest RM30
million in the training and development of the
local workforce and not only addressed the
pressing need for skilled talents but also try to
realise Madani Economy goal to make Malaysia
more competitive.
Government Effort to Support Industry Investment, AI,
Machine Learning and Automation
 MPC and Google Cloud in partnership with
PointStart has supported the government initiative
with a programme known as Digital Acceleration
for Learning and Industry Adoption (DALIA) to
drive productivity and digitalisation for
organization in Malaysia by working with local
solutions providers.
 It is designed to assist companies that lack
knowledge in programming and the ability to
internally develop solutions to address
productivity challenges within the organization

13. For Internal Use - For Internal Distribution Only
 MIDA and associated agencies have
organized industry-specific events,
seminars, workshops, and briefings in
Malaysia and abroad.
 They have also launched campaigns to
help companies harness technology
opportunities, where these initiatives
involve the adoption of Industry 4.0
technologies in supply chains, the
establishment of high-speed broadband
and etc.
 This shows that Malaysian government
offers financial support to companies for
assessing their readiness and
transitioning to Industry 4.0.
Support the Adoption of
Technology through
Automation & Machine
Learning
Artificial Intelligence
 The adoption of AI in Malaysia
offers substantial economic and
productivity benefits.
 For instance, AI not only can
automate repetitive task but also
enhance employees' capabilities,
enabling them to focus on higher-
value work.
 Malaysia has developed the AI
Roadmap (AIRmap) through a
collaborative effort involving
experts, consultants, and public
engagement to boost productivity
by 30% across all sectors by 2030.

14. For Internal Use - For Internal Distribution Only
 According to the report, AI could add $13
trillion to global economic output by
2030.
 Plus, create up to 79 millions new jobs,
while displacing 75 millions jobs.
 The impact of AI is likely to be positive, as
AI will create new industries and jobs that
do not exist today.
 AI could exacerbate existing inequalities
such as gender and wealth gap.
 Malaysia government had invest in
education and training to help workers
adapt to the new economy and they have
develop policies to ensure that the
benefits of AI are shared widely
Government Effort to Support Industry Investment, AI,
Machine Learning and Automation
 In 2021, the government launched the
MyDigital initiative, which aims to accelerate
the digital transformation of Malaysia’s
economy and society.
 Manufacturing sector was using automation
to improve productivity and quality.
 Agriculture sector using automation to
automate tasks such as harvesting and
packaging.
 Service sector using automation to automate
tasks such as customer service and data
entry.
 Thus, the government will continue to invest
in automation and the benefits are expected
to continue to grow in the years to come.

15. For Internal Use - For Internal Distribution Only
 MIT Technology Review Insights highlighted that half of business leaders
in Malaysia consider artificial intelligence (AI) to have positive values and
are investing on a case-by-case basis (TM One, 2019.
 There are 62% considered artificial intelligent (AI) to be the technology
that will transform their business over the next five years. Unfortunately,
1000 Malaysian respondents in lower income brackets showed their level
of concern were greater as they believed their job are at risk of
automation.
 According to Figure 2, 14% of current jobs are likely to be automated by
technology within the next five years in Malaysia.
 The sectors that will be most greatly affected are manufacturing with 21%
of jobs at risk, followed by transportation (20%), administration services,
utilities, and wholesale and retail (17% at risk in each sector).
 In Malaysia, 10% of current jobs are likely to be augmented by AI within
five years. The industries where the most roles will be augmented by AI
are information and communication technologies and public
administration with 14% both and healthcare with 13%.
Figure 2: Automation and Augmentation of Jobs in Malaysia Within
Five Years
Public Response

16. For Internal Use - For Internal Distribution Only
FIVE (5)
strategic
technology
management
suggestions
2.
Employees
3.
Customers
4.
Suppliers
and
Partners
5.
Investors
1.
Executives
and
Decision
Makers

17. THANK YOU