The Manufacturer and Microsoft have published a new servitization white paper, combining research conducted by both The Manufacturer and Aston Business School’s Advanced Services Group, and the insights gained from an exclusive roundtable event hosted with Microsoft.
Digitalization has had a strong influence on the way that most industries operate. The advances in technology over the last decade has meant that companies can operate from places they never thought was possible, and can save significant costs by a wide range of digital processes.
Manufacturing has been earmarked by the World Economic Forum and the European Union as a major driver of increased employment opportunities, reduced carbon emissions and better educational prospects for young people. This huge ambition largely rests on the advent of the smart factory and the rollout of Industry 4.0, which will make manufacturing more affordable in high-wage countries.