Data-based decisions

The industrial sector is a country’s growth pillar, it’s the competitive advantage of an economy that is able to generate quality employment opportunities that are stable and well recognized both professionally and in terms of salary. However, to sustain these strengths, we need to innovate, renew ourselves and anticipate the progress that is available to society, which unavoidably involves digitization.

Competitiveness and the capacity to adapt have become the axes that support the success of any business. Nowadays, the many changing intrinsic factors in each region and sector, macroeconomic trends of a hyperconnected global market, specific regulatory aspects in each country, or the consumer’s own behavior, can have a positive or negative impact on the results of any organization.

Most managers of manufacturing companies will have heard of Industry 4.0, but what does it really mean and why is it important? Rob Powell the Commercial Director for Lantek in Malvern, UK is in an ideal position to explain as Lantek specialises in CADCAM (Computer Aided Design and Manufacture) and ERP (Enterprise Resource Planning) software for sheet metal manufacturers, helping them to program their sheet metal machinery, optimise material usage and run their businesses more efficiently.