Britain on Cusp of Fourth Industrial Revolution...

Posted by  The Tig 12-Jun-2015 07:30:00

the-tig
Our undercover commenter who covers all topics controversial

aBritish manufacturers are on the verge of the "Fourth Industrial Revolution".However, research from one of the industry's leading bodies has raised concerns over Britain's ability to play a pivotal role.

EEF, the manufacturers association, has encouraged British companies to brace themselves for the imminent impact of ‘Industry 4.0’ – dubbed the fourth industrial revolution – which has been driven by rapid advancements in technology.

It has estimated that Industry 4.0 will become a widespread reality of manufacturing life within the next ten years, with 80% of manufacturers expecting to be affected by 2025.

Whilst as many as 88% of manufacturers expect the UK to help lead the revolution, 58% also worry that a lack of adequate industrial strategy and support framework could place the UK at risk of falling behind its European counterparts.

Given the socio-economic advantages of being at the forefront of such a movement, the UK is in a precarious position and will continue to be so unless a concerted effort is made to embrace innovation and the technological advances driving Industry 4.0 forward.

Related Topics:

Topics: News

Call Back Request

Bringing you the latest industry news, views and features, plus technology updates, comments and information.
Order ERIKS Know+How Issue 22

Subscribe to Email Updates

Tag-Icon

Posts by Topic

see all
Request Fenner Design Manaual