Ministry, Siemens pilot business digitizing program

15:19 | 13/12/2019 Science - Technology

(VEN) - The Ministry of Industry and Trade will work together with Siemens, the Singapore Economic Development Board (EDB), and Tuv Sud on a pilot project of the Singapore Smart Industry Readiness Index (SIRI) at 15 selected Vietnamese businesses. SIRI is a diagnostic tool to help companies assess their readiness for transformation and is being applied in Singapore, Indonesia, Thailand, India, the US, Europe and Japan.

ministry siemens pilot business digitizing program

Tran Viet Hoa, director of the Department of Science and Technology under the Ministry of Industry and Trade, said the introduction of SIRI is essential for manufacturing businesses in the process of digitizing their operations.

Following initial evaluation in November and December, seven businesses will be selected to receive in-depth consultancy on digital transformation solutions and options for their firms.

Digital factories are the focus of the fourth industrial revolution (Industry 4.0) and also a major priority of the industry and trade sector in developing modern manufacturing. With strong development and integration of modern science and technology achievements at an advanced level, Industry 4.0 is expected to significantly change the world’s manufacturing industries. Smart factories will help businesses increase productivity, flexibility and efficiency, while reducing the time needed to bring products to the market and improving competitiveness.

To concretize the tasks assigned in Prime Ministerial Instruction 16/CT-TTg, the Ministry of Industry and Trade and Siemens signed a memorandum of understanding (MoU) in April 2019 to build smart infrastructure for sustainable development, with a view to promote the digitization of Vietnam’s industrial sectors through the introduction of modern technologies.

The Ministry of Industry and Trade and Siemens agreed to pilot SIRI to help manufacturers take the first step on their transformation journey.

Tran Viet Hoa, director of the Department of Science and Technology under the Ministry of Industry and Trade: Industry 4.0 is an opportunity for Vietnamese businesses but if they cannot catch up with the pace of the world and regional development, Vietnam will face many challenges. Digital transformation is an indispensable requirement, and each business needs to find its own suitable direction.

Quynh Nga