As global competition gets tougher, industrial manufacturers face pricing pressure, and consequently, significant pressure to increase their profit margin. Struggling to reduce production expenses and boost their profitability, they strive for smart technologies and innovations that will improve profitability, productivity and efficiency.
SMARTECH provides these manufacturers with advanced game-changing technology solutions, successfully addressing their critical challenges, that were considered impossible until now.
The manufacturing sector share in global GDP is significantly larger than the high-tech sector share. However, manufacturing R&D investments are significantly smaller than high-tech R&D investments. SMARTECH's aim is to disrupt this equation.