A UK Perspective at the Future of Manufacturing
Publisher: imc information multimedia communication AG
For the UK manufacturing industry, the internet economy and Industry 4.0 is seen more a chance than a threat. Facing a couple of challenges in the old industrial world, Industry 4.0 gives the UK in the new “game” the opportunity to establish an innovative manufacturing sector made up of smaller and new players. Whereas new digital services and new digital competition for the established industries come up, British industries could be among the new players: The changes in the existing business models and their extension towards “servitization”, where production and services will come together, is the chance for British manufacturing, which Government and industry is keen to take it.