Emerging trends in complex manufacturing

Tech challenges

30% have difficulty integrating, deploying new technologies

15% say outdated systems are creating inefficiencies

15% suffer from limited scalability to meet future needs

Not leveraging data

40% can’t obtain real-time data to make quick, data-driven decisions

23% have made implementing analytics a key technology priority

24% aren’t using any kind of analytics

Complex manufacturers are embracing smart technologies. However, high costs and resistance to change remain key barriers.

37% adopted automation and robotics

19% adopted artificial intelligence (AI) and machine learning (ML)

18% implemented Industrial Internet of Things (IIoT) technologies to improve manufacturing processes

26% to 50% witnessed productivity improved by adopting AI, Big Data, and robotics.

Views on six smart technology trends:

60% view IIoT as essential, with expectations for further growth

58% consider AI to be expanding, but its growth depends on additional use cases

46% foresee greater automation and robotics in their operations

38% anticipate growth in big data analytics

20% view additive manufacturing (3D printing) as an expanding technology

20% expect cloud computing to become more prevalent in their operations

AI plans

80% are devoting or planning to devote resources to AI implementation

78% say AI initiatives within manufacturing operations are part of their company’s larger digital transformation

57% are actively researching use cases

40% say AI and automation lead their digital transformation

12% have already deployed or are deploying AI

11% plan to deploy AI within the next 12 months

Source: https://us.syspro.com/ebook/emerging-trends-and-opportunities-for-complex-manufacturers/