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).
As the increasing use of automation; data exchange; technology, and wider supply chain communications provides both huge opportunities and threats to UK manufacturing, there remains a ‘gaping hole’ in the education and understanding of Industry 4.0. Industry 4.0 offers increased productivity; better data analysis; increased competitiveness, and lower manufacturing costs. According…
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