By embracing technologies that connect disparate systems and unify data residing in different sources, companies are spotting trends in production, labour, maintenance and quality issues. They are also able to minimise safety risks, business risk and operational downtime throughout their production.
Recent research by Made Smarter revealed 8 out of 10 manufacturers recognised gaps in their skills and knowledge could impact speed and scope of digitalisation.
SME manufacturers joining the Industry 4.0 revolution are driving up the demand for data science and software engineering skills, according to Made Smarter, the movement helping businesses grow through technology adoption.
Half of the 126 businesses adopting technology with the support of the Made Smarter North West technology adoption pilot have put data and systems integration at the heart of their productivity and growth plans.Start your digital journey
The fact that 126 SME manufacturers have committed to investing in new technology projects in the two years since the pilot started, demonstrates the significant appetite for digital tools and solutions,” she said. “And the impact of COVID-19 has only accelerated the desire to speed up digital transformation.
Data and systems integration projects have emerged as the enabler for businesses to embrace other technologies such as AI, IIOT, Simulation and analytics, taking in more than half of all funded projects.Ruth Hailwood, Made Smarter organisational and workforce development adviser