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£50 million data innovation hub for manufacturers has been announced.

  • Publish Date: Posted about 1 month ago

​Thanks to a new data innovation hub and testbed which has been led by Ulster University, UK manufacturers are set to have a boost in productivity and competitiveness.

Supporting small and medium sized manufacturers, the £50 million smart manufacturing data hub will help manufacturers to capture and better utilise their data, which will help to increase productivity, growth and sustainability.

Almost 10,000 manufacturers are estimated to benefit from the hub and an incredible 13,000 jobs will be supported, helping to level up many regions across the UK and boost economic growth.

UK Industry Minister Lee Rowley said; "As we embrace the digital manufacturing revolution, it is vital manufacturers across the UK can capitalise on the productivity and growth gains that come with the adopting the latest data-led digital technologies."

"The Smart Manufacturing Data Hub, backed by £20 million of government funds, will support companies to implement cutting edge production and process techniques themselves, helping bring the next generation of products to our shelves in a more efficient and sustainable way."

An online Manufacturing Data Exchange Platform will be hosted by the hub to enable companies to submit their manufacturing data and receive recommendations in return, helping to improve their products and processes.

Read the full press release here on gov.uk.