The United States has successfully tested for the first time a system designed to defend the country against intercontinental ballistic missiles (ICBMs).
More than three-quarters of manufacturing managers see digital transformation as the major driver for achieving future business growth, a new international study has revealed.
Recent studies clearly show that manufacturers understand the opportunity digital transformation offers, but how can they ensure the greatest benefit from it?
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.
