The UK manufacturing sector continues to grow, even in uncertain times around Brexit. It is currently the ninth largest globally and contributes to a huge 44% of the UK exports. Rapid growth has resulted in successes and struggles, bringing about concerns faced by few other industries as a whole.
Driven by increasing market demand for highly personalised products, the need for manufacturers to leverage the full value of their data is greater than ever. Yet, producing smaller batches of non-standard, unique products is significantly more complex and requires data ‘on-demand’.
Transitioning your enterprise applications to the cloud may carry a risk but simply ignoring the benefits cloud offers will only result in IT continuing to take large bites out of your operating budget each year. Here’s how your business can mitigate the risk.
Organisations already using AI now outperform those that aren’t by 11.5%, which means there is a serious risk of businesses falling behind global competitors unless they act now to accelerate their use of AI technology.
Hopes of a stable base on which to achieve steady growth have been ground away by years of uncertainty and instability. Signs that the situation might improve are preciously rare.
The total installed base of AI-enabled devices in industrial manufacturing is forecast to reach 15.4 million within five years, with a CAGR of 64.8% from 2019 to 2024.
Fives Landis Ltd, a UK-based grinding machines manufacturer, needed a dynamic document management system that gave remote sales teams total access to the information they needed to serve their customers.
More than half of manufacturers have been the victim of cybercrime, and a third of those have suffered some financial loss or disruption to business as a result, according to a major new report.
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.
