In our second article of the series, we looked at the role of the digital twins for manufactures. One part which is critical for manufacturers to get the most value from them is data. In this post we look at the power of data for industry, but also the challenges to gain the greatest insight …
According to a report by Accenture, Industry 4.0 technologies could add up to $14.2 trillion to the global economy by 2030. Yet Industry 4.0 as a concept has been around for over a decade (since 2011) and we have not seen much progress… So what’s the buzz with Industry 4.0? What is Industry 4.0? Industry 4.0 is a term …
I’ve worked in the Engineering and Manufacturing space for over 25 years now and something strange is happening at the moment… For some reason CAD and PLM is a hot topic for investors right now. Why could this be? Why is CAD and PLM is a hot topic for investors? CAD (Computer-Aided Design) and PLM …
Our very own Nick Leeder talks to SME Focus Programme last Saturday about things ranging from condition based monitoring, data and the spiralling cost of energy for UK manufacturers. SMEFocus is the new programme showcasing our brilliant SMEs. For manufacturers, by manufacturers. The weekly show is hosted by Chris Greenough, Chief Commercial Officer of Shrewsbury-based SDE …
If 2023 goes the same way as 2022 it looks like another turbulent year for UK manufacturers. We all know the making manufacturing predictions for 2023 is likely to go horribly wrong, but here goes anyway! Make UK/BDO made a forecast in their Q4 Manufacturing Outlook survey which shows manufacturing contracting by -3.2% in 2023. This comes …
For much of the 20th century, manufacturing seemed like the industry most capable of grabbing the future with both hands, propelling itself forward, and bringing the rest of the world along for the ride. Innovations that mass-produced the Model-T were only separated from advances in robotics and automation by a few decades, all while manufacturers …