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Manufacturing Global | July 06, 2020
Success and growth depend on constant innovation to stay ahead of the competition. In fact, last May Harvard Business Review found that ten times more is spent on R&D than on advertising around the world today. But for many traditional manufacturers, adopting digital technology in their workflows can still be seen as an insurmountable challenge, with major financial implications that are not always realistic, leaving them struggling to know how to compete. This can be particul...
Technology Record | March 23, 2020
What are the characteristics of companies that are disrupting the manufacturing sector? Disruptive manufacturers have two key attributes: the ability to quickly adopt emerging technologies and the ability to cultivate a culture where employees are open to innovation, easy to train and capable of quickly and proactively adapting to new market trends, processes and operating models. These characteristics enable manufacturers to rapidly implement new technologies and reap the benefits long before t...
Manufacturing Global | March 27, 2020
Amidst the current outbreak of COVID-19, SMMT predicts that the car manufacturing sector should brace for a downward impact due to the pandemic. Recent figures show that the UK motor industry manufactured 122,171 new cars in February, a slight drop of 0.8% when compared to January - a result which SMMT attributes to a slower demand within key global export markets. Export figures show a demand reduction of 3.1% from the US and Asia, which resulted in fewer than 95,000 units, despite the EU seein...
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Acerta Analytics | November 28, 2022
Acerta Analytics, the leading provider of advanced analytics solutions that leverage machine learning and artificial intelligence (ML/AI) to turn complex product data into actionable insights, has raised an $8M ($10.4M CAD) Series B round. The funding will be used to accelerate Acerta’s mission of providing actionable insights that improve product quality and operational efficiency in precision manufacturing globally. BDC Capital’s Industrial Innovation and Thrive Venture Funds led t...
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