The electronic systems saga ~ An industry update on the ESCO report
18/03/2015 European Automation
Industrial automation components supplier European Automation has published a slideshare detailing the latest developments of the Electronic Systems Challenges and Opportunities (ESCO) report. The slideshare is available for download on the industry guides section of European Automation's website - www.euautomation.com/en/automated/industry-guides.The ESCO council, comprised of industry leaders and trade associations, was launched in 2013 with a view to developing the UK electronic systems sector. The council outlined the main objectives to be met by 2020, including a target of 55 per cent rise in electronic systems to create a £120 billion industry, representing 7.1 per cent of British GDP. The second objective was the creation of an additional 150,000 skilled jobs across the UK.
The areas highlighted for development by ESCO are research and development (R&D) in industry, innovation, manufacturing, re-shoring, industrial automation and the skills gap. European Automation's industry slideshare presents the mechanisms ESCO has put in place to develop each of these interest areas. The slideshare also gives a brief description and history of ESCO, as well as the plans for 2015.
"The ESCO report was highly ambitious in its objectives when it was released in 2013. Luckily for industry, the report and the ESCO council have already prompted major developments in terms of technical innovation, job creation and skills development," enthused Darren Halford, group sales manager of European Automation. "We wanted to illustrate this progress in a way that was as vibrant and interesting as some of the dynamic schemes that are helping industry meet the ESCO targets.
"The UK is a forward-thinking country with a dynamic industry. Every day we find out about innovative technologies and ambitious projects in the realms of Internet of things and smart factories. The ESCO report kick-started the electronic systems industry, now it's up to resourceful companies and talented individuals to keep the momentum going and achieve the report's objectives."
For more information, please contact:
Jonathan Wilkins
European Automation
Unit 3
Parker Court
Staffordshire Technology Park
Stafford
ST18 0WP
Tel: +44 845 521 3088
Email: jonathan.wilkins@euautomation.com
Web: www.euautomation.com
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