A vision for the future of automation
This newsletter, sponsored by Siemens, highlights the challenges facing the manufacturing industry (geopolitical instability, rising costs, labor shortages, and climate change) and positions advanced automation as a key solution. While the transformative potential of technologies like AI, digital twins, and IoT is clear, broad adoption is lagging due to workforce capabilities, financial commitments, and the barriers faced by SMEs and those with older facilities. Governments are beginning to incentivize high-tech manufacturing and re-localization efforts to accelerate industrial progress.
- Challenges in Manufacturing: The industry is struggling with supply chain disruptions, rising costs, labor shortages, and the impact of climate change.
- Advanced Automation as a Solution: Technologies like AI, digital twins, IoT, and advanced robotics offer greater resilience, flexibility, sustainability, and efficiency.
- Barriers to Adoption: Despite the potential, widespread adoption is hindered by workforce limitations, financial risks, and challenges for smaller businesses with older infrastructure.
- Government Intervention: Governments are implementing industrial policies to incentivize high-tech manufacturing and reduce reliance on global supply chains.
- Key Moment for Manufacturing: The convergence of external pressures, technological advancements, and government incentives could finally enable the shift toward advanced automation.