The government has just published the Made Smarter Review. This 231 page industry-led report explores “how UK manufacturing can maximise benefits from increasing adoption of digital technology (IDT)”. The adoption of industrial digital technology, over the next 10 years, “could boost UK manufacturing by £455bn, increasing sector growth up to 3% per year, and creating a net gain of 175,000 jobs whilst reducing CO2 emissions by 4.5%”.
The Review identifies there main challenges:
- “Leadership: more ambitious, informed and focused leadership”
- “Adoption: more widespread adoption of IDTs across supply chains, especially within SMEs through a strong industry and government partnership”
- “Innovation: faster innovation and creation of new IDTs, new IDT companies/value-streams and new capabilities to sustain UK competitive advantage”.