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.
Digitalisation is redefining the relationship between OEMs and their customers by transforming industrial machines from standalone hardware into software-enabled, intelligent machines operating within an integrated and connected digital ecosystem.
The Prime Minister has received another letter saying a 'No-Deal Brexit' would damage UK manufacturing. This time, it's from a trade body representing 13 separate trade associations that employ over 1 million workers.
Yamazaki Mazak has been chosen as one of a select few companies to act as a pilot for the deployment of next-generation 5G technology, with a view to improving commercial digital infrastructures and ultimately boosting productivity across UK manufacturing.
It may enjoy a global reputation for precision metrology and process control, but more than anything, Renishaw represents innovation and technological advancement. Jonny Williamson headed to South Wales to pay the engineering powerhouse a visit.