Manufacturing Magazine - April 2021 | Page 10

THE BRIEF

“ Digital transformation is the most amazing challenge and opportunity that we have in industry today ”
Francisco Betti , Head of Advanced Manufacturing and Production , World Economic Forum ( WEF ) �
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Manufacturing ’ s four largest sectors contributing to GDP

45 %

Other

31 %

Machinery and transport equipment
“ SINCE THE ADVENT OF THE PANDEMIC , THE ADOPTION OF AUTOMATION HAS ACCELERATED AND MANY ARE LOOKING TO RPA TO SAVE TIME AND MONEY ALL WHILE KEEPING EMPLOYEES SAFE ”
Gavin Mee , Managing Director UK and Ireland , UiPath �
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“ Technology will eventually lower manufacturing costs , improve efficiency , drive adoption and create a truly circular economy . That doesn ’ t just benefit industry , it benefits society as a whole ”
Orral Nadjari , Founder and CEO , Britishvolt �
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5 %

Textiles and clothing

80 % of executives consider data and advanced analytics important to improve productivity

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5 % Food , beverages , and tobacco

67 % of manufacturers say that the importance of cost-reduction has increased during COVID-19

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14 %

Chemicals

300,000

Britishvolt ' s production targets for EV batteries when at full capacity in 2027
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Did you know ? The global industrial robotics market is expected to reach US $ 66.48bn by 2027 .

10 April 2021