The Malaysian Investment Development Authority (MIDA) kick-started the Automation Project Initiative (API) by hosting 11 participating companies and 20 system integrators at MIDA Sentral.
This initiative aims to enable businesses to adopt automation and smart manufacturing technologies in their business processes and operations.
Among the companies in attendance include Continental Resource Sdn Bhd, Ecava Sdn Bhd, XTS Technologies Sdn Bhd, Sky-Tag Robotics Sdn Bhd, Vepro Group Sdn Bhd, TXMR Sdn Bhd, I-Stone Group Berhad, IME Group and Packaging Sales & Service (M) Sdn Bhd.
In his welcoming remarks, the Chief Executive Officer of MIDA, Datuk Azman Mahmud highlighted on how automation is crucial for the automation is not sustainability of business operations.
“Automation of activities can enable businesses to improve performance, by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities.
“Automation also contributes to increasing productivity. At a time of lackluster productivity growth, this would give a needed boost to economic growth and prosperity.
“With machines that are now highly adaptable and reprogrammable through artificial intelligence and software; coupled with the rapid developments of big data, cloud computing and the Internet of Things, companies need to proactively begin their automation journey,” he said.