Production at multiple plants operated by luxury automotive giant, BMW Group, has had to be reduced due to a reported shortage of steering components supplied by Bosch.
The majority of manufacturers are spending more than £100,000 on boosting factory connectivity a year, according to the latest Annual Manufacturing Report.
Manufacturers expect that their investments in smart factories will drive a 27% increase in manufacturing efficiency over the next five years which would add $500bn in annual added value to the global economy.
A North East England based manufacturing firm has received significant recognition from a top global scientific research agency for its contribution to the development of innovative radio astronomy technology.
Unilever and the Fraunhofer Institute has developed a potentially ground-breaking new technology to combat the hundreds of billions of single-use plastic sachets thrown away globally every year.
A high number of organisations are allowing a myriad of internal and external parties unsecured privileged access to critical systems and data, a new global study has revealed.
International technology company, PTC has announced a partnership with professional services firm, Ernst & Young (EY) to simplify industry innovation and adoption of internet of things business models.
Global technology and manufacturing group, Honeywell has partnered with SKF, one of the world’s largest bearing and seals manufacturers, to launch a pioneering industrial internet of things project.
