What we do in Industry.
The future trend is for consumers’ demands for new products and models, plus increasing competition in the industry sector, to contribute to further cutting product lifecycles. This means extra technology development investment and innovative product development. R&D investments in this sector are, therefore, expected to increase by 3 per cent annually over the 2015–2025 period, according to Battelle.
We are in the middle of Industry 4.0, also known as the fourth industrial revolution. This entails the assembly of a series of technologies and concepts within automation, process industrial IT and manufacturing technologies.
Semcon contributes with expertise in manufacturing technology, automation and digitization to shorten customers lead times and create more flexible manufacturing processes.
Another major trend is the Internet of Things (IoT), which creates opportunities and challenges, as completely new products and services have been created by connecting together computers and mobile phones into ubiquitous networks. By 2020, 50 billion products are expected to be connected, which is expected to have a global impact on most industrial players.
With its focus on end-users and technology as a facilitator, Semcon has a good mix of product offerings. Semcon can also help to shorten conversion and lead times for customers and create more flexible manufacturing processes.