The term “fourth industrial revolution” is bandied about in the media, but what is it and how can it help improve living standards? Viettel Group deputy general director, Do Minh Phuong, said: “The fourth industrial revolution includes the internet of things (IoT), artificial intelligence (AI), Big Data, 3D printing, smart energy, organic food, and green living and the revolution will deploy all technological advancements to address existing problems.” Technologies like Big Data, IoT and AI, which are at the core of Industry 4.0 – another term for the fourth industrial revolution -- are dependent on data storage and processing. Viettel IDC is one of the biggest data solution providers in Viet Nam. Five years ago only enterprises with deep pockets dared set up data centres with a number of servers, which cost up to VND100 million (US$5,000) each, and involving many other expenditures. Viettel IDC set up a 500sq.m centre at a cost of $15 million to serve 500 … [Read more...] about Viettel Group embraces industry 4.0
Industry 4 0
Tech training vital to adapt in Industry 4.0
As one of the most-developing areas in Viet Nam, HCM City is faced with both opportunities and challenges to make the best use of the Fourth Industrial Revolution. Facing a storm of technological advancement, many state agencies and businesses located in the southern hub have taken steps to use advanced technologies to improve their performances and product quality. The Japanese-invested Juki Vietnam Co Ltd in 2016 decided to purchase two robot arms for nearly US$200,000 for processing work. It was among the first companies in Viet Nam to use robotic technology to improve the quality of its products. The robot arms have helped reduce the number of workers at the processing division from 12 to only one, and that person only has to monitor the robot’s function. According to Juki Vietnam CEO Dao Quoc Cuong, the company would buy modern equipment as it targets to raise productivity by 1 per cent every month to attract new orders. Limo Group JSC, located in HCM City’s Hoc Mon … [Read more...] about Tech training vital to adapt in Industry 4.0
Data Management – the new challenge beyond Industry 4.0
Big Data and artificial intelligence, with their never-before-seen growth, are having a strong impact on society. Data has the potential to contribute to the development of humanity, but also poses unpredictable risks without proper governance. Pierre Bonnet, COO of Orchestra Networks cum CEO of Orchestra Networks Vietnam, talking about data management Technology has changed the way we live, work, think, and interact with one another. It can even change human nature. To foster sustainable growth, politicians and upper managers must take IT systems into account in a strategic way. The wealth of companies depends on their ability to manage information as a real asset. At the conference on data management themed “The new challenge beyond Industry 4.0,” Pierre Bonnet, COO of Orchestra Networks cum CEO of Orchestra Networks Vietnam, a leading provider of Master Data Management (MDM) software confirmed that “data knows us better than we know ourselves. Data grows … [Read more...] about Data Management – the new challenge beyond Industry 4.0
IT conference focuses on Industry 4.0
Deputy Minister of Information and Communications Phạm Hồng Hải speaks at the opening ceremony.— Photo ictnews.vn HÀ NỘI — The Fourth Industrial Revolution (Industry 4.0) is the focus of the 21st National Conference on Electronics, Communications, and Information Technology (REV-ECIT), which opened in Hà Nội yesterday. The two-day event is held by the Radio and Electronics Association of Việt Nam (REV) every two years. The 21st REV-ECIT provides a platform for businesses, universities and institutions to share practices to develop the country’s electronics, communications and information technology industries, Deputy Minister of Information and Communications Phạm Hồng Hải said at the opening ceremony. He said he expected later editions of the event to receive the attention of more enterprises to create a sharing community that helps strengthen connectivity, foster innovation and bridge the gap … [Read more...] about IT conference focuses on Industry 4.0
Electronics-communications-IT conference focuses on Industry 4.0
The 21st National Conference on Electronics, Communications, and Information Technology opened in Hanoi on December 14 (Photo: qdnd.vn) Hanoi (VNA) – The Fourth Industrial Revolution (Industry 4.0) is the focus topic of the 21st National Conference on Electronics, Communications, and Information Technology (REV-ECIT) which is underway in Hanoi on December 14-15. The event is held by the Radio and Electronics Association of Vietnam (REV) every two years. The 21st REV-ECIT provides a platform for businesses, universities, and institutions to share practices to develop the country’s electronics, communications, and information technology industries, said Deputy Minister of Information and Communications Pham Hong Hai at the opening ceremony. He expected that later editions of the event will grab attention from more enterprises to create a sharing community that helps strengthen connectivity, foster innovation, and bridge the gap between policy and practice. Some 56 … [Read more...] about Electronics-communications-IT conference focuses on Industry 4.0