Smart factories are set to become a revolutionary force of the manufacturing industry and provide a massive boost to the global economy, according to a new report by multinational information technology consulting company, Capgemini.
One of the world’s leading speciality chemicals companies, Evonik, has announced a €100m investment in digitalisation and has entered a strategic partnership with IBM and Germany’s Duisburg-Essen University.
The Fourth Industrial Revolution, Industry 4.0 and 4IR are terms that are becoming commonplace in manufacturing. Now that these terms are accepted, a new wave of technical turns of phrase have been born.
When thinking of start-ups, the image of tanned Ivy League dropouts developing complicated pieces of software from their unconventional Californian workspaces often springs to mind. But the reality of launching a business – big or small – from scratch can be very different, as is often the case with those starting up manufacturing in the UK. Rita Lobo examines the challenges of taking the first steps in manufacturing.