How automation is paving the way for greener manufacturing in Australia
Lee Hawksley, President, Asia Pacific and Japan, UiPath Australia’s manufacturing industry is a key pillar of economic growth and innovation for the nation, and at the forefront of Industry 5.0. While technologies such as the Internet of Things (IoT) and 5G dominated Industry 4.0, the next industrial revolution is focused more on how humans and technology will work together to deliver broader societal benefits. According to McKinsey, automation and AI technologies present an enormous opportunity for national and personal income growth and could add up to $4 trillion to Australia’s economy. This substantial impact is driving the manufacturing industry to seize new opportunities with automation tools to reduce labour costs, achieve high levels of productivity, and with today’s context, help them comply with new regulatory obligations that include creating a more sustainable approach to manufacturing. Understanding going green The manufacturing industry is a leading consumer of natural resources and a significant contributor to greenhouse gas emissions. While modern industrial practices have allowed manufacturers to improve efficiencies in how they produce and deliver products to market, many current processes still heavily rely on resources that impact the environment. This is why state and federal government agencies are now investing in green manufacturing, which goes beyond compliance and being environmentally responsible to a whole new approach to manufacturing that aims to preserve the environment while, at the same time, delivering significant benefits to manufacturers in the form of cost savings, improved operational efficiencies, and enhanced brand reputation. By adopting green manufacturing practices, manufacturers can contribute to environmental conservation efforts while improving their bottom line. How AI-powered automation supports a greener future As society focuses its efforts on a greener future, automation is emerging as an invaluable tool in achieving sustainability goals. Some examples of how automation enables green manufacturing include: ESG […]