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 …
A week back from Hannover Messe 2023, I am sharing my thoughts on Industry 4.0 and what this means to manufacturers. In collaboration with Konektio, I will be looking at the implications of technology on manufacturing operations over the next few weeks though a series of podcasts. Last week I posted about what industry 4.0 …
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 …
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 …