As markets continually shift and competition continues to rise, the role of a manufacturer has changed drastically in the past few years. With a growing number of businesses stepping into the services field, manufacturing is clearly in the midst of an industry-wide servitization transformation.
The uptake of digital technology, the government’s upcoming Industrial Strategy and strong export demand all add up to an expanding manufacturing sector here in the UK. However, this increase in demand will no doubt lead to added pressure on UK power supply, so it becomes more important than ever to have robust power infrastructure in place.
Most manufacturers see investments in factory connectivity not just as a means of cutting costs, but as a way to increase revenue. In fact, respondents to the Annual Manufacturing Report 2017 anticipate additional revenues of £775,000 over the next 12 months because of their investments in connectivity.
In the much-publicised march towards the digitalisation of manufacturing, one very important element is routinely ignored, namely how to integrate the digital sharp end with back office systems that traditionally have relied on paper.