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.
A note released this month by Swiss bank UBS has stated that airlines stand to save billions of dollars if they make the switch to deploying pilotless aircraft.
The Manufacturer and IBM recently brought together some of the top minds and leading manufacturers in the country to discuss the state of British manufacturing at an invite-only dinner in Birmingham.
The first phase of a £246m government investment into battery technology will be launched today, geared towards ensuring the UK builds on its strengths and leads the world in the design, development and manufacture of electric batteries.
Artificial intelligence technologies could contribute more than $15tn to the world economy by 2030, according to a new report published by Price Waterhouse Coopers.
A recent survey has shown UK manufacturers are increasingly moving their businesses from being purely product centric to incorporating new service offerings to deliver business growth and new revenue streams.
A study by global technology giant, Intel, has revealed that the growth trend surrounding autonomous driving will create a passenger economy worth some US$7tn by 2050.
