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Many industries are facing significant challenges due to fast-paced technological development coupled with growing customer expectations and ever-increasing competition. Manufacturers are looking for ways to create more value for their customers while diversifying income streams.
Investing in modern systems and machines is a costly endeavour that comes with many financial risks. Servitisation offers a holistic approach to overcome the challenges of Industry 4.0 and enhance manufacturers' competitive advantage. It can be the silver bullet to enable enterprises of all sizes to prepare for the oncoming digital future.
What are the benefits for manufacturers?
This webinar addresses the concept of servitisation and its benefits - higher revenue, reduced business risks, and improved customer relationships. Our guest speaker Jim Davison, Region Director and Community Director at Make UK, is presenting an overview of the challenges and opportunities facing the UK market.
Mike Hynes joined relayr in November 2017 as a Strategic Business Partner. He is passionate about working with UK companies to help drive new revenue through risk free digital transformations. Mike has extensive experience in defining commercially viable use cases and has helped several UK businesses to create new business models that are guaranteed to achieve their target business outcomes. Mike’s mission is to keep UK businesses relevant with hugely successful (guaranteed) digital transformational projects. projects.
A qualified Engineer, Jim has held manufacturing, production engineering and operations roles including at EMI Music and Entertainment UK. He was also senior manufacturing specialist whilst at the Manufacturing Advisory Service where he delivered consultancy support to businesses which enabled them to make huge improvements in their productivity and competitiveness. As Region Director at EEF, Jim and his team help thousands of manufacturers to solve some of their biggest challenges – whether that’s how to benefit from 4IR, actions to take on their Brexit journey or how to use the apprenticeship levy to upskill the workforce.
Nick is responsible for overseeing Hennik’s developing array of content, bringing to the role decades of experience in business and journalism. In his career, he has been a foreign correspondent for national TV, radio and newspapers, as well as founding and operating business magazines.
Author details here
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