The company has developed a network of professionals that are helping to deliver a deal flow of acquisition targets that exhibit the criteria and characteristics which support our long-term strategy to create a large industrial conglomerate with in the next few years.
The management are confident of their expectation to complete a number of value-enhancing acquisitions which will generate significant synergies and further growth in the coming years.
There are four design principles in Industry 4.0. These principles support companies in identifying and implementing Industry 4.0 scenarios.
Interconnection: The ability of machines, devices, sensors, and people to connect and communicate with each other via the Internet of Things or the Internet of People.
Information transparency: The transparency afforded by Industry 4.0 technology provides operators with vast amounts of useful information needed to make appropriate decisions. Inter-connectivity allows operators to collect immense amounts of data and information from all points in the manufacturing process, thus aiding functionality and identifying key areas that can benefit from innovation and improvement.
Technical assistance: Firstly, the ability of assistance systems to support humans by aggregating and visualizing information comprehensively for making informed decisions and solving urgent problems on short notice. Second, the ability of cyber physical systems to physically support humans by conducting a range of tasks that are unpleasant, too exhausting, or unsafe for their human co-workers.
Decentralized decisions: The ability of cyber physical systems to make decisions on their own and to perform their tasks as autonomously as possible. Only in the case of exceptions, interferences, or conflicting goals, are tasks delegated to a higher level.
Mechanisation, steam power, weaving loom
1784Mass production, assembly line, electrical energy
1870Automation, computers and electronics
1969Cyber-Physical Systems, Internet of Things, networks
TodayThe British engineering sector is poised for substantial growth in what is now being referred to as Industry 4.0 (industrial revolution 4), which is poised to drive transformation across global manufacturing. Innovative technologies such as intelligent robotics, advanced materials, 3D-printing, IOT (internet of things) and artificial intelligence, combined with new approaches to data management, enabling manufactures and their supply chain to save time, boost productivity, reduce waste and costs, and respond more effectively to customer demand.