Only 8% of UK manufacturers have a significant understanding of Industry 4.0 processes, despite 59% recognising that it will have a big impact on the sector, according to a new report published today by accountancy and business advisory firm, BDO LLP, in association with the Institution of Mechanical Engineers (IMechE).
The industrial sector is undergoing massive transformation like never before. Sundeep Sanghavi co-founder of DataRPM looks deeper than preventative maintenance into the realm of predictive maintenance.
Uncertainty regarding the outcome of the forthcoming EU referendum and concerns over a possible Brexit is having a detrimental impact on the business performance of more than a third of UK manufacturers, according to a new survey.
Regardless of whether your business operates in a complex market with high margins or instead deals in large batches with low margins, ensuring your processes deliver on customer expectations is critical to business success.