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Automation in Process Manufacturing
High Value ManufacturingTechnology Strategy Board
The Technology Strategy Board is working to drive UK economic growth by making this country a global leader in innovation.
The purpose is to accelerate innovation. To help UK business to innovate faster and more effectively than would otherwise be possible, using expertise, connections and funding to:
• Enable collaborations and partnerships between businesses, researchers and government;
• and help business to create innovative products and services which will meet market needs, tackle the challenges of our time and build the economy of tomorrow.
Who is the TSB?
• Accelerating the journey - concept to commercialisation
• Connecting the innovation landscape
• Turning Government action into business opportunity
• Investing in theme areas based on global potential
• Continuously improving organisational capability
Cascade from TSB 5 Strategic Focus Areas
Investing in priority areas based on potential
UK Manufacturing in Context
• Global market worth £6.3 trillion
• UK in top 10 world manufacturers
• GVA of £130 bn (10% UK GVA)
• World #2 Aerospace
• 2 of top 6 Pharma’ companies UK based
• Half of UK Exports
[Manufacturing GVA by CountryUnited Nations Statistics Division,
Value Added by Country, US$bn, 2010]
High Value ManufacturingHigh value manufacturing is the application of leading-edge technical knowledge and expertise to the creation of products, production processes, and associated services which have strong potential to bring sustainable growth and high economic value to the UK. Activities may stretch from R&D at one end to recycling at the other.
The Future of High Value Manufacturing
The Institute for Manufacturing identified:• most important trends influencing the
changing nature of manufacturing globally
• greatest challenges & opportunities to the economic competitiveness of UK manufacturing
• most promising UK emerging science, engineering & management innovations to meet these challenges & opportunities / capture value for UK.
Cross-Cutting Strategic Themes
22 National Competencies under these
Competencies
Landscape study identifies:-
• 5 Strategic themes &
• 22 Competencies
HVM Strategy builds competence in selected areas
Technology Readiness Level
Such potential is characterised by a combination of high R&D intensity and high growth
High Value Manufacturing
Investment Criteria
The decisions to invest based on:
• sector attractiveness– large global market– growth– UK R&D intensity
• the 22 national competencies • technology readiness (TRL) • additionality (the potential for the Technology Strategy Board
investment to make a difference
HVM Strategy for 2012-2015 - Summary2008 – 11:• Invested > £100m, mainly in Collaborative R&D Projects• Funded 200+ projects, over 400 companies (about 50% SME)• Impact estimated to be around 16:1 leverage
2012-2015:• Budget doubled, now over £50m pa, plus
related spend in other TSB areas• Core funding of HVM Catapult• Additional criteria to focus investment• Implementing tools to build competencies