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Author: Tronserve admin

Thursday 5th August 2021 01:16 PM

UK Government Commits £30mn to Digital Technology Competition for Manufacturers


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Backed by £30mn (US$37.3mn) of funding, the competition is for projects to enhance productivity and agility in UK manufacturing.

 

Business Secretary Greg Clark said: “We want to support companies of all sizes who want to create new digital capabilities, and will support projects that will help guarantee the UK remains at the forefront of technological developments. Through Made Smarter and our modern Industrial Strategy we are committed to making sure manufacturers are best placed to take benefit of the opportunities being created by industrial digitalization and help our leading advanced manufacturing sector continue to grow.”

 

Part of the broader ‘Manufacturing Made Smarter’ challenge, the government is hoping to help the application of technology to manufacturing via technologies such as data analytics and IoT.

 

Bidding for the competition launched on 22 July, with funding intended for projects set to begin rapidly with instantaneous impact. Projects must entail at least one SME.

 

UK Research and Innovation Chief Executive, Professor Sir Mark Walport said: “The Manufacturing Made Smarter challenge will boost the productivity of UK manufacturing by motivating the adoption of digital technologies across a wide range of sectors. It will confirm the long-term prosperity of UK manufacturing and lead to an increase in total productivity, making the UK a global leader of the 4th Industrial Revolution and delivering clean progress.”



This article is originally posted on manufacturingglobal.com


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Posted on : Thursday 5th August 2021 01:16 PM

UK Government Commits £30mn to Digital Technology Competition for Manufacturers


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Posted by  Tronserve admin
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Backed by £30mn (US$37.3mn) of funding, the competition is for projects to enhance productivity and agility in UK manufacturing.

 

Business Secretary Greg Clark said: “We want to support companies of all sizes who want to create new digital capabilities, and will support projects that will help guarantee the UK remains at the forefront of technological developments. Through Made Smarter and our modern Industrial Strategy we are committed to making sure manufacturers are best placed to take benefit of the opportunities being created by industrial digitalization and help our leading advanced manufacturing sector continue to grow.”

 

Part of the broader ‘Manufacturing Made Smarter’ challenge, the government is hoping to help the application of technology to manufacturing via technologies such as data analytics and IoT.

 

Bidding for the competition launched on 22 July, with funding intended for projects set to begin rapidly with instantaneous impact. Projects must entail at least one SME.

 

UK Research and Innovation Chief Executive, Professor Sir Mark Walport said: “The Manufacturing Made Smarter challenge will boost the productivity of UK manufacturing by motivating the adoption of digital technologies across a wide range of sectors. It will confirm the long-term prosperity of UK manufacturing and lead to an increase in total productivity, making the UK a global leader of the 4th Industrial Revolution and delivering clean progress.”



This article is originally posted on manufacturingglobal.com

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uk government invested 30mn to digital technology digital technology