The global manufacturing industry grew at its fastest rate in more than three years in October, according to an authoritative JP Morgan survey. This sign of a global industry upturn will be welcome news to UK manufacturers.
It suggests that their IT spending will similarly pick up – though our own research shows that manufacturing companies have kept faith with their technology even during the tough times. A surprising 43% of the companies have kept to the same IT spending levels over the last three years, and 33% estimate that they are spending more now on IT than they did three years ago.
An economic upturn will hopefully reward those companies who have spent money on keeping pace with technology advances, by allowing them to pick up more new business than less well-equipped rivals.
Manufacturing Systems 