newsThe 2016 Annual Manufacturing Report, published by Hennik Research, reveals that British manufacturers are predominantly optimistic about the future of the industry. The fourth Industrial Revolution, commonly known asIndustry 4.0, is transforming the manufacturing landscape through technologies like automation, sensors and 3D printing that produce higher efficiency, reduced costs and faster speed to market.
newsA recent research report from PwC finds that Germany intends to invest 3.3% of its turnover in Industry 4.0 initiatives over the next five years, and expects to grow its revenues in the sector by 12.5 per cent. With a manufacturing industry four times the size of the UK’s, Germany is the manufacturing hub of Europe, and is investing seven times more in automating its systems.
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