CBI Manufacturing figures show signs of stagnation: UK needs to re-focus efforts on IIoT to kickstart a turnaround, says Schneider Electric
24/02/2016 Schneider Electric UK Ltd
News from the CBI this week claims that thousands of British manufacturers risk slipping into stagnation unless the Government and industry does more to help them adapt to the fourth industrial revolution, Martin Walder, VP Industry at Schneider Electric comments:"Global industry is well on the road to a game-changing evolution. It is not some hyped up notion years away from reality. It's already here and has its origins in technologies and functionalities developed by visionary automation suppliers more than 15 years ago. So the Government should be doing everything in its power to help the UK realise the potential of the fourth industrial revolution.
Improvements in efficiency and profitability, increased cybersecurity and innovation, and better management of safety, performance and environmental impact are just some of the benefits of an Internet of Things-enabled industrial environment. In order to combat the stagnating UK manufacturing sector, there needs to be fresh investment from the Government into automating plants so that the UK can produce the best products in the most cost effective way possible.
With increasingly fewer skilled operators in today's plants, the fourth industrial revolution presents a further golden opportunity for UK manufacturing to bridge the gap and bolster the workforce, putting real-time status and diagnostic information at their disposal. As the necessary global standards around the new face of industry evolve, it could take a number of years before full maturation, but that's no excuse for missing out on the benefits available today."
For more information, please contact:
Schneider Electric Ltd
Stafford Park 5
Telford
Shropshire
TF3 3BL
Tel: 0870 608 8 608
Fax: 0870 608 8 606
Email: gb-customerservices@schneider-electric.com
Web: www.schneider-electric.com/uk
Print this articleShare article:
Process and Control Today are not responsible for the content of submitted or externally produced articles and images. Click here to email us about any errors or omissions contained within this article.