State Of Automation: Manufacturing In Industry 4.0

Industry 4.0 is ushering in a new era of industrial production which is fast creating a tectonic shift for the manufacturing industry. It advances the trend of automation through digitization and connected production, acquiring a complete restructuring of processes – transforming analog and centralized workflows into digital and decentralized production processes.  So how are leaders adjusting? Our latest Industry Report State of Automation: Manufacturing in Industry 4.0 provides insights into the prevailing technology investments and gives a glimpse on how leaders are navigating the Fourth Industrial Revolution.

The following are the report key takeaways:

Despite some onset predictions that machine and automation will destroy jobs, human expertise and contributions in the workforce will become more important than ever as key competitive differentiators within the manufacturing industry.
In the manufacturing sector, with robotics in greater use today than ever, Robotics Process Automation (RPA) is poised to be the next game changer and 75% of organizations are already piloting the use of RPA.
The manufacturing industry is expected to be the top industry to spend the most on IoT solutions in 2019 mainly coming from discrete manufacturing and process manufacturing.
Augmented Reality (VR) and Virtual Reality (VR) technologies are becoming the front liner solutions for manufacturers in improving training and safety with more than half of the organizations are already facilitating them.

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