• $447 million commercial value industrial software grant to prepare University of Western Australia students and researchers to be Industry 4.0 ready
  • An outcome of the Prime Minister’s Industry 4.0 Taskforce and part of Siemens’ national commitment to support vocational, job-ready education across the country
  • Federal Government commits $5 million funding to help establish network of five Industry 4.0 test laboratories supporting the transition of SMEs to a digital economy – co-funded by industries and universities

Global technology and digitalization giant Siemens today announced an industrial software grant of $447 million commercial value of Siemens’ product lifecycle management (PLM) software to the University of Western Australia (UWA). This grant is part of a broader program of what is expected to amount to about $1 billion in hi-tech Siemens PLM industrial software grants to select universities across Australia. The grants are designed to prepare students and University researchers to be ready for the fourth industrial revolution (Industry 4.0) – a term coined by Germany to describe the future of manufacturing and industry.