Britain could be on the brink of a technological revolution, with 80 per cent of manufacturers predicting radical change by 2025.
Research by manufacturing organisation EEF suggests that the UK will see a “fourth industrial revolution” within the next 10 years, reports cbronline.com. As many as 88 per cent of those surveyed feel that Britain needs to take a leading role in the forthcoming shift that could become a business reality by the year 2025.
However, many businesses felt that the UK was in danger of being left behind, notes cityam.com, with 58 per cent of the respondents fearing the country wasn’t keeping up with its international rivals. Just 14 per cent of manufacturers believe the UK is “readily equipped for a leading role” in a technological revolution.
EEF’s CEO Terry Scuoler appealed to the government to “step up to the challenge”, claiming it was integral it worked with manufacturers and academics to ensure the UK is ready for the transformation.
“The fourth industrial revolution will change the global face of manufacturing beyond recognition,” he said. “The UK must take a leading role if we are to realise our ambitions for a healthy, balanced and growing economy.
“The next decade will bring great and rapid change and the early-adopting nations will maximise the opportunities presented by new technologies and thrive as a result. There will inevitably be winners and losers, which is why we should take note when manufacturers say there is a real danger of the UK being left behind.”