While nobody wants to understate the impact of a pandemic that has killed millions of people all over the world, it has left all the diverse sectors of the stone industry in the UK in a generally healthy state.
High levels of demand, £175billion of government-backed loans and job retention schemes, a tax ‘super deduction’ for capital investment and a growing confidence in the use of IT have encouraged firms to invest without waiting to see what is at Marmo+Mac as the live show returns to the fairground in Verona after the Covid hiatus.
Low carbon, low maintenance, sustainable stone has a lot to offer housing. And even though the government has dropped its commitment to adding 300,000 homes a year to the UK’s housing stock by the mid-2020s to try to solve a 4million home shortfall, there are plenty of
opportunities for many sectors of the stone industry.
The Internet of things. Fintec. Virtual and augmented reality. Total Effective Equipment Performance (TEEP). Artifical intelligence (AI). This is the language of the fourth industrial revolution – a digital revolution of machine talking to machine. It’s a revolution already under way and examples of it will be at the Marmo+Mac stone exhibition in Verona at the end of this month.