This article has been provided by Sue Williams, managing director of Hexagon Consultants.
A recent report from Make UK revealed that two-thirds of manufacturers and engineers plan to address rising operational costs by boosting internal productivity, with 29% intending to leverage technologies such as cloud computing and AI to achieve this.
As technology continues to advance, the engineering industry can no longer resist the pressures to adopt it. Over recent years, the engineering industry has faced various challenges, to navigate these effectively and to differentiate from competitors, it’s increasingly important for the industry to embrace the capabilities of technology.
The recent surge in tech across the industry
Resistance to change and additional high setup costs are commonly the two most significant barriers for implementation - particularly for SMEs or start-ups with limited cash flow. However, in recent years, there has been a noticeable increase in businesses adopting technology...