On this roadshow, we travelled to Vienna to discuss the future of global manufacturing. How will companies adapt themselves to the new market conditions? These important conversations were had during the event, notable speakers included:
-H.E. Hamad Al-Kaabi, UAE Ambassador to Austria
-Hiroshi Kuniyoshi, Deputy Director General - UNIDO
-Ernst Nevrivy, Mayor of Donaustadt
-Markus Haas, Head of International Network Projects - Austrian Economic Chamber
-Sabine Ohler, Head of International Business - Vienna Business Agency
-Omar Al-Rawi, Representative - Vienna Parliament
-Badr Al-Olama, Head of GMIS
The panel discussions focused on the financial implications of the ongoing technological revolution, and what skills will these companies need to stay connected with these emerging technological trends?
The panel included notable guests:
-Dr. Kurt Hostäder. Head of Digital Factory Central Eastern Europe - Siemens
-Philipp Hold. Industrial Engineering - Fraunhofer Institut
-Cristoph Pollack, Director - Factory of the Future
-Gerhard Schuster, Head of Aspern Development AG
-Bernard Schinkowitsch, Director - Industry 4.0 Competence Center Europe
Accelerated technological change is increasing the pressure to redefine competitive advantages in a globalised world. Technological development is restructuring the productive process, all the way from product design to distribution, and is leading to the adoption of new business models.
It can be argued that one of the biggest forces of change is technological convergence due to digitalisation and new scientific developments. This process, in which existing technologies merge or evolve into new forms that will perform similar tasks, is disrupting the way we do business, delivering threats to some, opportunities to others and question-marks for all. Examples of converging technologies include ICT, automation and additive manufacturing, sensors, advanced materials, biotechnology, sustainable technologies, artificial intelligence and numerical modelling.