Smart factories could boost the global economy by at least $1.5tn over the next five years, so long as manufacturers can adopt the technologies necessary for the transformation.
The number of UK businesses willing to pay that little bit extra for British-made products for their quality and environmentally conscious manufacturing processes, chimes with a similar study about global attitudes to ‘Brand Britain’ conducted last year.
There needs to be "deeper engagement" between employers and the education system in order to produce a "talent pipeline" that can sustain a thriving UK economy, according to the latest report from The IET.
“Narrow-minded, blame-driven politics” should be set aside in favour of an economic vision that prioritises growth and digital competency in a post-Brexit world, according to a newly published manifesto from Make UK.
Brexit anxiety is forcing the manufacturing sector to stockpile cash allowances to record levels, while industry investment plummets to a four-year low under similar strains – according to a leading accountancy firm.
A £15m funding deal, bridging the gap between university-based research and innovative manufacturing solutions, was struck during Europe’s largest digital manufacturing show.
Abu Dhabi is gearing up for the next phase in advances in science and technology by announcing plans to open the world’s first University of Artificial Intelligence.
It's one of the toughest challenges in the UK economy - encouraging small companies to grow into the powerhouse-medium sized companies that are such a feature of successful industrial economies like Germany.
No matter how you cut the automation cake, the rise of the robots appears unstoppable. On the one hand, automation will not only complement the work of humans, but will also allow us to lead happier lives, cites a new report from The Economist Intelligence Unit. On the other, robots will replace up to 20 million jobs globally by 2030 (almost 9% of the global manufacturing workforce), according to a new study by Oxford Economics.
