Robotics and 3D printing will boost the UK
PROPOSALS TO boost the UK economy using robotics, 3D printing, virtual reality and artificial intelligence have been unveiled this morning with the publication of the Industrial Digitalisation Review.
The report said that about 175,000 manufacturing jobs could be created over the next decade under a “fourth industrial revolution” using advanced digital technology.
It also said that manufacturing could be boosted by £455bn over the next 10 years and the sector could grow by up to three per cent a year.
Chaired by Siemens UK CEO Professor Juergen Maier, the review brings together recommendations from more than 200 stakeholders, including high-profile companies such as Rolls Royce, GKN, IBM and Accenture. Professor Maier said: “The business and academic community has set out a vision for much greater ambition needed for Britain to be a world leader in the fourth industrial revolution.
“Industry is committed to working in partnership with Government, and this combined package of measures will boost UK growth and productivity in manufacturing and provide more exports and increased earning potential, which our economy desperately needs.”
Business Secretary Greg Clark said: “The UK manufacturing sector has the potential to be a global leader in the industrial digital technology revolution.
“Government and industry must work together to seize the opportunities that exist in this sector and promote the benefits of adopting emerging digital technologies, as well as cuttingedge business models.”
The Government’s recent Industrial Strategy Green Paper identified industrial digitalisation as one of five potential early sector deals and the review kick-started work with stakeholders to identify opportunities for how Government and industry can work together.
CBI director general Carolyn Fairbairn said the business community had pulled together to shape recommendations that will speed up technology adoption.
“The UK must compete with China, the USA and much of Europe where there are already advanced plans to embrace the fourth industrial revolution,” she said.
Government and industry must work together to seize the opportunities. Business Secretary Greg Clark.