‘Innovation’ has become one of those catch-all solution words for all manner of problems – from society’s ills and Brexit, to restructuring the NHS and Industry 4.0. Yet its industrial application from the 17th Century onwards has very much shaped the world we live in today.
After the 2008 crash, the banking world came close to cardiac arrest as global capital flows dried up. Few would claim that it has returned completely to normal, which offers openings for niche financial players to enter the market.
From trains to sports, here are three real-world case studies of businesses leveraging smart, connected devices and advanced analytics to create competitive advantage, happier customers and new sources of revenue.
To shift the digitalisation chat into action requires three key commitments from the industry. Tim Hulbert, vice president of Air Products UK & Ireland – one of the world’s largest industrial gas and related-equipment suppliers, explains.
One of the key challenges for manufacturers today is how to respond to changing demand. As order books bulge and contract, you need to be nimble in order to respond to the unpredictability of modern business.
“How can we make tangible improvements through innovation?” Chair for the day, Rajkaran Singh Kharbanda, asked the packed room. This began the 2018 Manufacturing Innovation Summit - a one-day event built around a series of expert-led roundtable discussions.