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.
For The Manufacturer’s latest podcast, our editorial director, Nick Peters, spoke to Juergen Maier, the Siemens UK CEO and figurehead for the government-backed, industry-led Made Smarter initiative.
The latest International Federation of Robotics figures show global sales of US$16.5bn in 2018, with a total of 422,000 industrial robots shipped - up 6% compared to the previous year.
Companies around the world are expecting to apply artificial intelligence (AI) within their organisations in the next few years but are lagging in discussions of the ethics around it, new research has found.
Almost 50 of Britain’s top manufacturing companies have made it through to the finals of the UK’s largest and most rigorous industry awards programme: The Manufacturer MX Awards.
Undoubtedly, the manufacturing sector is facing change and uncertainty, but it’s also seeking to take control of its own destiny. A new report from Sage, ‘Riding the wave of uncertainty: how process manufacturers are planning for a brighter future,’ discusses the issues, and offers several reasons to be hopeful for the future.
The UK is in the top tier of the global aerospace industry, a position it owes in part to the expertise of smaller firms in the supply chain, such as Coventry’s Arrowsmith Engineering. Maddy White reports.
There has been an increased emphasis on digitalisation within manufacturing. While some may see this as a means of reducing cost, Simon-Kucher believe the bigger profit opportunities will come from focusing on the topline (revenue side of the profit equation).
Tata Chemicals Europe has announced that it will operate a new energy from waste plant (EFW) at its Lostock manufacturing site in Northwich, Cheshire in a joint venture worth nearly half a billion pounds.
