Britain’s manufacturing section could unlock £455bn over the next decade and generate thousands of jobs if it deciphers the fourth industrial revolution and sculptures out a prosperous post Brexit future. That is a closure of a government appointed evaluation on industrial, digitalization produced today and ushered by industry chief Jürgen Maier, the UK and Ireland boss of German engineering giant Siemens.
A pact between government and industry could place Britain at the spearhead of novel technologies of such as robotics, artificial intelligence, 3D printing, augmented and virtual reality, providing a much productivity boost and a net gain of 175,000 extremely qualified better paid jobs.
Maier – who was appointed by Theresa May with furnishing a long term perception for the industry – said the determined manifestos demarcated in the review could perform as an antidote to some of the resilient provocations and excessive costs encountering the manufacturing section as an outcome of the Brexit vote.
Maier also said that the business and academic body has laid down a vision for much pronounced intention required for Britain to be a world pioneer in the fourth industrial revolution. The positive point is that Britain is not emerging out of a vacuum. The UK possesses a lustrous knowledge, benefits and skills in this space. But it sometimes requires more organization. This integrated combination of measures will propel UK growth and efficiency in manufacturing and offering more exports and enlarged earning probability that our economy requires with utmost urgency.