The Department for Business, Energy and Industrial Strategy has published their 'Made Smarter' Review. The independent review of industrial digitalisation - Made Smarter - was led by Professor Juergen Maier, CEO Siemens UK.The Made Smarter (previously Industrial Digitalisation) Review sets out how UK manufacturing can be transformed through the adoption of industrial digital technology (IDT).
Over 10 years industrial digitalisation 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 focuses on three priority areas informed by understanding of the three main challenges business face. They are:
- Leadership: more ambitious, informed and focused leadership
- Adoption: more widespread adoption of IDTs across supply chains, especially within SMEs
- Innovation: faster innovation and creation of new IDTs, new IDT companies / value-streams and new capabilities to sustain UK competitive advantage.
Professor Juergen Maier was commissioned by government to put forward proposals for an Industrial Digitalisation sector deal in the Industrial Strategy green paper.
For further details on the review download the full report below.