Cambashi, an international industry analyst company based in Cambridge, has just completed a research project into the industrial application of the Internet of Things to establish the market’s structure and direction.
As markets continually shift and competition continues to rise, the role of a manufacturer has changed drastically in the past few years. With a growing number of businesses stepping into the services field, manufacturing is clearly in the midst of an industry-wide servitization transformation.
In the much-publicised march towards the digitalisation of manufacturing, one very important element is routinely ignored, namely how to integrate the digital sharp end with back office systems that traditionally have relied on paper.
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.