Week 41 in Manufacturing News

Intel Insight: CEO on U.S. Manufacturing’s Role in Driving the Digital Revolution; What is the State of Digital Transformation in UK Manufacturing; Report: UK Manufacturing Investing Significantly in Digital Tech; Government Fund Won’t Stop Australian Manufacturing’s Structural Decline.

Intel Insight: CEO on U.S. Manufacturing’s Role in Driving the Digital Revolution

Many people still think of the tech industry as being relatively young, including those companies involved with making semiconductor-based chips at the heart of all our digital devices. The reality, however, is that some of the more established tech businesses have been around for more than half a century.

Source: USA Today Tech

What is the State of Digital Transformation in UK Manufacturing

MAKEuk, the Manufacturers Association has published a new report with Infor entitled ‘Bouncing Back Smarter: Innovation Monitor 2020’. The report is based on a survey that was last carried out in 2018. It studies the state of digital transformation progress by manufacturers in the UK. However, The report does not say how many respondents were in the survey this year.

Source: Enterprise times

Report: UK Manufacturing Investing Significantly in Digital Tech

The UK manufacturing industry has taken a significant step in adopting digital technologies, with 80% confident Industry 4.0 will be a reality in their businesses by 2025.

This is according to new research, Bouncing Back Smarter: Innovation Monitor 2020 published today by Make UK and Infor.

Source: Production Engineering Solutions

Government Fund Won’t Stop Australian Manufacturing’s Structural Decline

The federal government sees the revival of Australian manufacturing as a matter of economic sovereignty, yet the annual national accounts highlight the enormity of the task it confronts.

The government is establishing a $1.3 billion fund to cover up to a third of the cost of expanding a manufacturing plant to achieve economies of scale and up to half of the cost of projects to integrate products into global supply chains or bring new research into production.

Source: ASPI