The term ‘digital transformation’ has attracted a lot of attention across the manufacturing industry and throughout the media recently. Defined by The Enterprisers Project, digital transformation is “the integration of digital technology into all areas of a business, resulting in fundamental changes to how businesses operate and how they deliver value to customers.”
With digitalisation comes the rise of trends such as Industry 4.0, smart manufacturing and smart factories.
Industry 4.0, also known as the fourth industrial revolution, is all about focusing on connectivity and communication. It presents us with a future where devices are connected so that they can communicate and make smart decisions.
Ilika plc (LON:IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.