Sunday, September 05, 2010
   
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The Factory of the Future

More Quality Products - Less Material, Less Energy, Less Waste

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The "Factories of the Future" is one of the three Public-Private Partnership included in the Commission's recovery package. The objective is to help EU manufacturing enterprises, in particular SMEs, to adapt to global competitive pressures by improving the technological base of EU manufacturing across a broad range of sectors.

The European manufacturing sector faces an intense...

and growing competitive pressure in global markets. European companies are faced with a continuous competition in the high-tech sectors from other developed economies, such as the U.S., Japan and Korea.

Manufacturing has to address the challenge of producing more products with less material, less energy and less waste. Our living standards are on the rise; global manufacturing today has to meet a constantly increasing demand for consumer goods. Manufacturing has to improve its innovation activity. New ideas have to be transformed into new products and processes. Many of the manufacturing companies are SMEs and only a few of them have research capacity and the financial potential to implement high-risk innovative manufacturing technologies.