Russia will export Industry 4.0 solutions to Vietnam Russia’s biggest digital solutions vendor ZYFRA has reached $30 million in revenue in its first year of operation, facilitating industrial manufacturers in-house and abroad with AI and IoT-based solutions, as well as autonomous vehicles. The company has announced plans to enter Vietnam as early as 2019. In the next three years, it is estimated that Vietnam will overtake China in terms of GDP growth. It is planned that this number will be 6.8 per cent in 2019. According to the government’s development programme, by 2035 most of the fabrication will be turned into digital manufacturing. Particularly significant growth is expected in the areas of industry, construction, and services. The company, founded in November 2017, currently operates in Finland, China, Russia, Bulgaria, and India, and its platform connects over 7,000 CNC machines across the countries. By the end of 2018 more than 200 production facilities will be equipped with its products. “Smart manufacturing (the term refers to IoT and AI) is projected to grow noticeably in the next three to five years. Recent surveys showed 92 per cent of senior manufacturing executives believe that “smart factory” digital technologies such as artificial intelligence will… Read full this story
- Wednesday briefing: Labour plan is money in your pocket – McDonnell
- Bad economic news raises political risks for Trump
- 25 Exciting New Summer TV Shows to Make Sure You Never See the Sun
- 'The Democrats are lucky that they don't have any Mitt Romney types' Trump insists as TWO Republican lawmakers join Romney in condemning the president for urging China to investigate Joe Biden
- Toronto van incident in which 10 pedestrians died appeared deliberate, say police
- No hard feelings! Joe Biden says he would consider Kamala Harris for his running mate if he gets 2020 nomination and predicts she can STILL be president herself
- 'These are dangerous times': the man who sued George W Bush and the Iraq war
- Axed top cop expected to be grilled at the William Tyrrell inquest over his 'intense interest' in washing machine repairman Bill Spedding
- Run the Jewels: How 2014’s Brashest Rap Duo Came Back From Oblivion
- 'I don't see my future in football'
BUSINESS NEWS IN BRIEF 25/12 have 355 words, post on english.vietnamnet.vn at December 25, 2018. This is cached page on NGHONG. If you want remove this page, please contact us.