New independent research from iBASEt and the MTC reveals that 94% of UK manufacturers believe a lack of investment in digital technologies is hampering UK manufacturing productivity. A reluctance to invest in digital technology is the industry’s single biggest productivity blocker – more UK respondents say legacy technologies are negatively impacting their business (73%) than Brexit (67%). More than half of UK manufacturers have lost sales and a staggering 93% say this underinvestment will lead to many UK manufacturers going out of business in the next decade.
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