Britain’s fourth industrial revolution must be digital
The findings have been announced from a business-led industrial digitalisation review, which has been branded as “Made Smarter UK”.
It took eight months and brought together executives from companies such as Rolls Royce, GKN and IBM, as well as representatives from small firms.
Juergen Maier, CEO of Siemens UK and Ireland, says the findings from the review demonstrate how the UK can lead a fourth industrial revolution.
The review speaks out against the political instability after Brexit, and our need for a clear economic and technology vision.
The review further despairs at reviving long gone industries and instead insists we build new ones. Building a “creative sector” of AI, virtual reality, big data, machine learning, and simulation platforms will push us fast into the next generation.
The proposal focuses on how the UK can use these new technologies to boost productivity, wages and the number of jobs in the economy. “An industrial digitalisation could boost UK manufacturing by £455bn, create a net gain of 175,000 jobs and reduce CO2 emissions”, Maier insists.
To achieve this, Mr Maier says there needs to be stronger and more ambitious leadership, as well as “a stronger national digital ecosystem. This will aid the smooth diffusion of industrial digital technologies into manufacturing. He further calls for extra training to be given to millions of workers to enable these digital technologies to be deployed.
As a nation we missed out on the last industrial revolution, but instead watched as countries like Germany embraced automaton advancements in the 1970s. Now we’re in the 21st century, we need to embrace modernity to compete with foreign industries.
Juergen Maier insists the only way for our country to succeed economically is to create an digitally-led industrial Britain.
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