The current global financial situation is not very good. In fact as per the latest reports from World bank and International monetary fund, the global economy is going to shrunk by 5 to 7 percent by the end of 2020. And this is mostly because of the global pandemic situation. The covid19 pandemic has made deep impact on the industrial sectors. The major industries such as the manufacturing sector is facing problems due to this situation. Even now when most economies are opening their operations with safety protocols in place, industrial sector is far from rejuvenating from the impact. It is because most of the industries in today’s world is still dependent on human resources and labor.

Know how basic is industrial machinery and how can they help the industries:

Now when it comes to implementation of modern technologies in the industrial sector the very basic thing to be implemented is Industrial machinery (เครื่องจักร อุตสาหกรรม ,which is the term in Thai). Now many may think that most industries already use machines. But here the most modern industrial machinery is needed. Machines of the very advanced technology can help provide better product quality and quantity in real-time. These industrial machinery can help bring artificial intelligence and machine learning in the industrial sector. For example, modern industrial machinery are connected with one another via different platforms such as iiot and ethernet and tan technology. By connecting with one another the machines can learn on their own.

Here’s how industrial firms are directing the industrial automation process in Thailand:

If you take the example of Thailand, the process of industrial automation is a current one. However, firms are providing the Industrialists with logistics and technologies needed to create a global smart manufacturing hub in Thailand. So if you are in Thailand and want to install new technologies in industrial setup then make sure to hire the best technology provider.

By Genaro Martin

Linda Martin: Linda, a renowned management consultant, offers strategies for leadership, team building, and performance management in her blog.