Clearview National April 2017 - Issue 185 - Page 116

BUSINESSNEWS IoT investment must not leave Britain behind » » UK MANUFACTURING contributed to a 1.1 percent increase in total production between November and December 2016, according to Office for National Statistics figures. These latest figures come amongst the highest levels of optimism seen in the sector since June 2015. Yet as the weaker pound continues to be a double-edged sword for British industry, the manufacturing sector must become a priority area for innovations that will help UK businesses to compete globally, says systems integrator World Wide Technology (WWT). The stated aim of the government’s new industrial strategy is to determine priority areas of investment in science, research and innovation to support the UK’s world leading sectors. Following the latest forecast ($20.59bn investment) new research suggests that the Asia-Pacific region will see exponential growth in this area. The capacity of the sensor- based technology to boost productivity and profitability must not be ignored in Britain. Ben Boswell, EMEA Director at WWT says: “It’s great to see this return to optimism in UK manufacturing, but the level of uncertainty in the market means that every effort must be taken now to make the sector sustainable. “Strategic application of Internet of Things (IoT) technologies across the business lines of manufacturers can have a significant impact on productivity and cost. Over in the US, we’ve seen a global manufacturer lined up to achieve $1 billion in annual savings beginning this year. The data-driven rigour of the connected factory is helping them to YXHXX[Bۋ][YHYYX]HXZ[[[B[]]X]Y\Z\܈^[\K']\Z[[8$[XY][\HۜY\XH][8$\H\^[\Z[ˈX[H[[]X]]\\™\HXH[Z[^H][[ۈHܚ]X[[\Z[[[\X\K\˜[XYHYY[Y][ۈ]X^BHX\K\Z[XH܈[XK]ܜ [[][ۈ\\[H[ܙH[H[[ZX˜[XY\[YY\[XZ[[\[\]Y\˂']Z\\Y \H][ۜ›ٙ\H\]]]HYH[\HYBX\[[\\و][H\\ˈ][Z\HY][X[[\\[Hܛ\H[YH\]\Y[]\܂ݙ\Y[[[\H[ZH[ܚ]\HB[ݘ][ۜ][[]\\H\Y[\Z[XH\[\]Y\܈YX\˜YK'B[[Y]H\ܝ\•H]\Y]H[[\][YHYKXX[ۙK^YX\ []\\H\ܝ\ٙ\܈X[ܙ[\][ۜ[\]Y\š[[HX[YHX[ Y]H[[\ۛY[[\˂0TӑSHSST›و[YK\\\[HܝYHوX[[Y]H^\\H[[ۙHX[\\[Y\H]\Y]H[[\[][X[[ZXܛ\^Yܙ[\][ۜ [\ L[\YY\B[X[\]Y\ [\ L [\YY\HBXܛHܛ []\\ܝ\˂X[[YY][K\^H[\\\X[܈ Hو]]HX܈\ݙ\[ \[وHXܸ&\ܚٛܘK]\H\H]\Bܛ\و\[\\[H^H[YHBY\[\[Y\ˈ[[ HوQ\˜\HZXܛ\[\\][\ L[\YY\˂\HY\\[[ۜ]HH\^]HقHX܈[H[\[\\\\Bܙ[\][ۜXH[X[ܚXHX[[Y]H\˂H\ܝ\ٙ\\ۙHوB[]X]]\XH]\Y]H[[\ŒLM0T M0PTHHHR B][[[ M[X]H YX\و]˜[\ZYۚ[X]]Y\[]۝X][ۈš[\ݚ[HY]H[X[وܚ\[]Z[[XY \ܝ\[[HH[Hو\X\[[Y]YHو\K܈ L[۝[[HX[YHX[[Y]H\[Z\ܙ[\][ۜ˂HTԕTSPRUN(HH[Z]Y YY][ۈ\ܝ\X^H[\HZ\[Z]Y[X[[Y]N¸(HX\H [\ۙH[[H]XX[ZY[H[XX[YXN¸(HYHX\܈[[\YY\ۈB]\Y]H[[8&\[\[X[ Y]H[[\ۛY[[]\[\™K[X\[\KYX[܈[X[ۜ¸(Hۛ[H\\\Y[[\]\][YH[\[\\\Y[ \H[X[X[[[¸(HY][Y][ۈوH[۝HY]BX[Y[Y[XY^[N¸(H[XۚX\[ZY\]\›ۈ[Y\X\\ۙHܚ[˜[X[X[[[¸(HX\X]ܝ[]Y\YY][[YH]^\[Y\X[œ[Z[\\Y\[Z\X܈]H]\Y]H[[8&\][[[Z[\˂YۘH][ Y[X\\[\XB[]\H\X܈]H]\Y]B[[ ZY8'H\H[YY]H[ٙ\Z[ܙY\ܝHX[\\[\\˜[\]Y\Y\\ܝ\ٙ\Y][X[[[H]X[[Y]H]HX\وZ\\[\˸'