One of the biggest constraints for onshore productivity in oil and gas is pipeline corrosion, estimated to cost £1.5tn globally. Now, the application of digital sensors is helping to significantly reduce the cost of monitoring the deterioration of metal, and the risk of catastrophic and costly failures.
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.
Autodesk and Taxal recently conducted an in-depth research study into how the Internet of Things is set to transform manufacturing over the coming years. Jonny Williamson catches up with Taxal’s Allan Behrens to go through the findings and the wider implications.
The Fourth Industrial Revolution (4IR) requires UK companies to connect their manufacturing operations with technology, in order to deliver more agile, responsive and customer-focused outcomes. But what are the specific technologies that British industrialists need to embrace?