CECIMO Press release

Inquiry shows that data-driven business models are high on the agenda of European machine tool builders

 According to a CECIMO inquiry, data-driven business models are high on the agenda of European machine tool builders. Building a hybrid skills pipeline that merges ICT and production technologies is seen as an important priority too.

 Greater certainty on the right to access different types of data generated by machines would be a necessity for machine tool builders to tap into new business opportunities;

 The European machine tool production is growing slightly to a level above 24,2 billion euro in 2016;

 Exports will remain stable this year at 18,7 billion euro;

 European machine tool production global market share is growing and exceeds 40% in 2016.

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