Its Future Insights Report on 'The UK in 2030 Key Trends for Manufacturing' said investment in 'Smart Factories' has the potential to improve the country's productivity by up to 30%.
Developed in partnership with Pinsent Masons, the guide has also warned about planning for depleted raw materials, the impact of climate change on global supply, growing political uncertainty and the need to move towards servitization.
"A new industrial revolution is underway; one that is blurring the boundaries between physical and virtual," explained David Isaac, head of advanced manufacturing and technology at Pinsent Masons.
He added: "Developments like the Internet of Things and 3D printing are disrupting traditional business models and offering us opportunities to improve our lives, jobs and our productivity."
The 22-page report, which is also backed by Business in the Community members Anthesis, Cisco, Lloyds Banking Group, Walgreens Boots Alliance and WSP:Parsons Brinckerhoff features an insight into the trends we can expect to see in 2030 and recommendations on how to future-proof UK manufacturing, in order to remain globally competitive.
It also showcases a number of current projects that are already addressing issues raised in the report.
You can download a full copy here.
