International investors no longer locate their businesses based on labour costs alone. Many locate in the UK because of our strengths in R&D, technology and skills. Some commentators suggest we are on the cusp of a fourth industrial revolution -‘Industrie 4.0’ - driven by ‘embedded’ or ‘cyber physical’ systems interacting intelligently. So what does this mean for UK productivity and growth? How will technologies change the way we do business? Are we about to witness a period of advanced reindustrialisation?
Alan Norbury is the Central Technology Officer for Siemens UK industrial activities - a leading global supplier of industrial plant and software, manufacturing automation and drive technologies to industrial customers across the UK and Ireland. Alan will be exploring these and many other questions about the Factories of the future.
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