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China targets new technology development
It takes guts to go on gut feel
Smart controllers boost line output
R&D
China
targets new technology development
China’s
government has identified 134 technology sectors it will support with the
aim of increasing exports.
The
2004 Guidelines for Priority on Key High Technology Areas just published is
based on a study of local and international technology trends. China will
focus on biotechnology and new medicines, new materials, information
technology, environmental protection, aeronautics, astronautics, and
agriculture, among others.
No
firm figures for investment are available. But China’s high tech budget
trebled to $1.8 billion for the five year plan for 2001-5.
High
tech production rose to US$326 billion in 2003, up from $132 billion in
1999, at an average annual growth rate of 25.5%. Exports were $110 billion,
five times the $24.7 billion of five years before.
Management
It
takes guts to go on gut feel
Most
vital business decisions are based on gut feel because they can’t get the
information they need, according to new research from Business Objects, a
business intelligence software company.
The
survey of US and European bosses found they are frustrated. More than half
of the critical business decisions made by their organisations are based on
"gut feel" and experience, rather than sound, verifiable
information, they said.
Some
77% said that they knew of bad business decisions made within their
organisation because of a lack of information, and nearly all said this hurt
productivity.
Chief
reasons for the problem are data in incompatible formats and databases, poor
communication between systems and people, incomplete or overwhelming data,
poor presentation of relevant data, poor access methods and inappropriate
security strictures.
And
when they need the low-down on their competitors, the problems compound.
Manufacturing
Smart
controllers boost line output
Japanese
factory automation specialist Omron has introduced a family of intelligent
sensors and actuators that integrates production line data into management
information.
The
Kyoto company released its first product to use this new information
management system this month, and will release five versions and 58 types of
controllers that use the Omron Smart Library.
The
family of products is aimed at improving productivity in high capacity
plants making items ranging from consumer electronics to motor vehicles. The
new system aims to minimise start-up and bedding in time for the line, and
uses predictive maintenance techniques to keep it running at optimal yield.
The input data comes direct from the machines on the line.
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