Robotic adoption to boost efficiency
Calyn Yap | 06 Jul 2018 00:30
While the adoption of robotics and automation has risen in recent years, the rate is still slower than in Singapore and Thailand.
The automation of production, tracked by robot density – the rate of installed industrial robots to the number of employees – is for every 10,000 employees, Singapore has installed 488 robots and Thailand 45 robots.
Malaysia has 34 robots per 10,000 employees and is ranked 29th globally in automation adoption, according to the International Federation of Robotics’ World Robotics Report in 2016. The world average is 74 per 10,000 employees.
Growing demand for robotic automation solutions in the country is said to have increased by 40% from 2010 to 2015. The deployment of robots increased by an average of 8% annually during the same period.
The report also states that the adoption of automation has enabled Malaysian companies to increase production volume by up to 300% on average without significant payroll expansion. A number of companies also reportedly reduced defects by up to 90% by automating operations and lifted profits by 20%.
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