The adoption of Industry 4.0 technology could add $74 billion in value to the Australian economy and create over 80,000 new jobs by 2030.
The rapid growth of digital and advanced technologies presents a tremendous opportunity for Australia. These high-value, high-complexity enabling technologies and associated skills have broad cross-sector applications and global export potential, with many advanced manufacturing capabilities in the energy resources supply chain sharing common fundamentals with those in other industries, such as mining, agriculture, and space.
Leveraging these cross-sector strengths and skillsets is an effective way for domestic businesses to achieve scale and will accelerate the pace of capability development in Australia’s manufacturing sector.
Through collaborative lighthouse projects, innovation funding, digital test labs, innovation hubs, technology clusters and deployment pathways, NERA is championing Australia’s emergence as a key player in the development and manufacturing of advanced data analytics, robotics and automation technology, while encouraging Australian businesses to realise the benefits of digital transformation.
NERA’s Advanced Digital Technology Projects and Initiatives
Below are some examples of collaborative projects and initiatives that are supporting Australian businesses to realise the benefits of digital transformation and continuing to drive a globally competitive supply chain.
