Manufacturing Magazine April 2018 | Page 18

MANUFACTURING 4.0

Rory O ’ Sullivan Managing Director at Duff & Phelps
THIS IS THE new industrial revolution — Industry 4.0 — and as with any rapid change , new opportunities have arisen and new ways of thinking have emerged . However , there are also new hurdles to overcome for businesses large and small .
Naturally , much of the limelight goes to the products themselves , and the innovative manufacturing processes behind them are often overlooked . In the public sphere , news has predictably focused on the high street and the latest consumer gadgets . Concepts like driverless cars and personalised tech from wristwatches to fridges have grabbed headlines and the imagination of consumers and businesses alike .
Manufacturing is arguably
18 April 2018