Festo Didactic SE And TUM Asia Partner To Upskill The Workforce For Industry 4.0

Wednesday, December 21st, 2016 | 665 Views

The Memorandum of Understanding (MoU) signed between Festo Didactic SE and Technical University of Munich Asia (TUM Asia) will jointly explore and develop education activities for students and employees interested in upskilling themselves in the areas of Automation Technology and Industrie 4.0 (Industry 4.0) in Singapore.

Following the announcement of the Smart Nation initiative in Singapore, the national effort aims to create a better future through technology enabled solutions. As a result, Industrie 4.0 (Industry 4.0), where the internet of things and automation are revolutionising manufacturing, has been making waves in Singapore.

This cooperation sets the stage for both institutions to work towards the common goal of equipping employees for new, value-creating roles. The development and execution of joint education activities in Industrie 4.0 (Industry 4.0) and its related areas aims to upskill the workforce for this shift.

Festo Didactic and TUM Asia have agreed to also explore potentials for innovative technology and new business models, with the intention to include the results as part of their curriculum offerings. The agreement will allow both parties to leverage on one another’s institutional strengths to promote the exchange of views, experiences and knowledge in these areas.

“Festo Didactic and TUM Asia share a common vision; to provide education and training to further equip the next generation workforce. This MOU will pave the way towards promoting industry relevance and addressing manpower growth needs in the region. TUM Asia looks forward to working together with Festo Didactic to encourage bright young minds to continue pursuing innovation”, said Dr Markus Wächter, managing director, TUM Asia.

The two organisations have committed to regular meetings to develop joint education activities over the next two years.