Latest Articles from Axxis Consulting

Industry4WRD is a comprehensive policy launched by the Malaysian government to help industries transform and modernize in order to achieve Industry 4.0 standards. If you are a Malaysian SME in the manufacturing or related services sectors and looking to adopt Industry 4.0 technologies, here are the steps to apply for Industry4WRD Intervention Fund by MIDA. What is Industry4WRD Intervention Fund (IIF)? The Industry4WRD Intervention Fund (IIF)is open to Malaysian SMEs...

Let’s imagine… You are shopping in your neighbourhood supermarket. You want to pick up a bottle of wine but can’t make up your mind. After standing in front of the wine sector for a while your phone pings. It’s a coupon of 10% off for a wine that you haven’t tried yet but is similar to a wine you bought from this shop last week. “Great, thanks!” – you think...

Being a trading nation, Malaysia continually seeks innovative ways to grow their market and deliver more improved products. The Southeast Asian country has radically improved its manufacturing sector over the past few years, making it the leading player in the global market. This is what made Malaysia into a major industrial nation. The country’s manufacturing industry has undergone rapid evolution in recent decades, starting from mass-scale production to the use...

Living in an era of high market volatility, it’s important for companies to respond to the dynamic customer trends, demands, and uncertain supply. Moreover, the current pandemic crisis has led to various challenges like budget and capacity constraints, change in customer behaviours, etc. Businesses, therefore, need to offer more sustainable and personalized products. The fierce market competition forced companies to undergo a digital transformation and adopt an Industry 4.0 model....

The term Industry 4.0, also known as the Fourth Industrial Revolution, encompasses the opportunities provided by the new industrial revolution to boost productivity and scalability. It combines advanced and intelligent manufacturing techniques with IoT (Internet of Things), aimed at creating interconnected systems that analyze, communicate, and use relevant information to drive actions intelligently. In short, the Fourth Industrial Revolution refers to the automation of traditional industrial and manufacturing processes through...