Malaysia has been making steady progress in adopting advanced manufacturing technologies, such as artificial intelligence (AI), automation, and the Internet of Things (IoT), which are all key characteristics of the fourth industrial revolution, or Industry 4.0. However, the question remains whether Malaysia is fully in the midst of the Industry 4.0 revolution, and whether the country is prepared for the next stage of technological advancement, Industry 5.0.
On one hand, Malaysia has already taken steps towards embracing Industry 4.0, such as the implementation of the National Policy on Industry 4.0, which aims to promote the use of advanced technologies across all sectors of the economy. The government has also launched the Industry4WRD policy, which aims to promote innovation and the adoption of advanced technologies in the manufacturing sector. Moreover, the country has already seen a growing number of companies adopting Industry 4.0 technologies. For instance, Malaysia’s automotive industry has implemented robotics on its assembly lines to improve efficiency and reduce costs. Some companies have also implemented AI and big data analytics to improve productivity and decision-making processes.
Despite these efforts, there are still challenges and barriers to achieving full Industry 4.0 readiness. While many Malaysian companies have adopted some Industry 4.0 technologies, there is still a lack of awareness and understanding of the full range of capabilities that these technologies offer. There are issues with the digital infrastructure in Malaysia that may impede the country’s ability to fully embrace Industry 4.0. For example, there are gaps in the availability and reliability of internet connectivity and digital services in some parts of the country. In addition, there is a need for skilled talent with expertise in advanced technologies, which may not be readily available in Malaysia. In terms of Industry 5.0, there is even greater uncertainty as to whether Malaysia is prepared for this new technological paradigm. While Industry 4.0 focuses on the integration of advanced technologies, Industry 5.0 emphasizes the importance of human collaboration with these technologies.
It is unclear if Malaysian companies have the necessary skills, knowledge, and infrastructure to fully embrace Industry 5.0. While there are some companies experimenting with Industry 5.0 technologies such as augmented reality and advanced sensors, the country is not yet fully integrated into this new paradigm. Furthermore, it is still uncertain how Industry 5.0 will impact the workforce and the social fabric of Malaysia.
Malaysia has taken significant steps towards embracing Industry 4.0, but there are still challenges and gaps in infrastructure and expertise that may impede the country’s ability to fully embrace this new technological paradigm. Moreover, Industry 5.0 presents even greater uncertainties and challenges, and it remains to be seen if Malaysia is prepared to face them. The country must continue to invest in infrastructure, education, and innovation to fully realize the benefits of Industry 4.0 and prepare for the next stage of technological advancement.
