15th February 2021 9:00 am 17th February 2021 8:48 am
The advances in connectivity provided by 5G will prove transformational for manufacturers writes Vassilis Seferidis, CEO and Founder of Zeetta Networks
Manufacturing plays a critical role in the UK economy. The industry makes up 11% of Gross Value Added (GVA), 44% of total UK exports, and directly employs 2.6 million people. It is, however, a sector that has had to navigate a vast range of challenges over the past few years, including socioeconomic turbulence, lockdowns, impending decisions around trade deals with Europe and the potential impact on supply chains.
Amidst such uncertainty there is one thing that remains clear: manufacturers face a time of inevitable change at every level of their business. And it is how this change is embraced that will ultimately determine the winners from the losers.