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manufacturing

This tag is associated with 4 posts

EPRS-OECD conference: businesses, governments should brace for next production revolution

Businesses and governments cannot ignore that the global economy is on the verge of another revolution in production. This new world of manufacturing is emerging from the confluence of fast-developing digital technologies, new materials and productions processes, offering tremendous opportunities to create wealth and improve human life, but requiring appropriate regulation, as well as suitable business, investment and education strategies, according to analysts speaking at a conference in the European Parliament. Continue reading

Cyber-Physical Systems and their application in modern manufacturing

Written by Lieve Van Woensel with Brian Kelly, CPS are technical systems where networked computers and robots interact with the physical world. Found in a wide range of services and applications, CPS are quickly becoming a part of modern manufacturing processes, making it necessary to examine the impacts they will have in this area. The … Continue reading

A snapshot of industry in Europe

Written by Eulalia Claros This document draws on the recently published study How can European Industry contribute to Growth and Foster European Competitiveness?, aiming to complement it by presenting an overview of specific indicators that further illustrate the current situation of Europe’s industry. Beginning with a snapshot of the distribution of employment by sector and the contribution of industry to the gross value added in … Continue reading

Reshoring of EU manufacturing

Rising costs in formerly low-cost countries and the need for jobs in developed countries has recently brought reshoring – bringing back manufacturing – to the fore. It would reverse the significant offshoring of EU production to low-cost countries, which occurred from the 1980s through to the 2000s. China was the main destination, though its mass attraction to enterprises … Continue reading

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