SOUTHFIELD, Mich., Aug. 11, 2020 /PRNewswire/ -- A recent
"Trends in Global Manufacturing" survey has revealed three times
the level of Industrial IoT adoption than just two years ago. The
survey, jointly conducted by SME, the professional association
committed to advancing manufacturing professionals, academia and
communities, and Plataine, a leading provider of Industrial IoT and
AI-based optimization solutions, was conducted before the
COVID-driven shutdown in the spring of 2020, and indicates
significant progress toward widespread implementation of digital
manufacturing.
- 84% of respondents are currently implementing or evaluating
digital manufacturing strategies, whereas only 27% were doing so in
2018.
- Similarly, in 2020 only 12% respondents were not interested in
implementing digital strategies, compared with 55% in 2018.
- Respondents who participated in the 2020 survey indicated their
companies are making strides to become digital. 41% of respondents
indicated their companies are at least "mostly digital" in 2020, up
from 26% back in 2018.
The unique Industry 4.0 and IIoT survey was completed by nearly
200 C-level executives from multiple manufacturing industries
including aerospace, metals, furniture, medical equipment and
others. The survey was designed to help advanced manufacturing
managers gain significant competitive advantages by harnessing
technology to strengthen and improve the capabilities of workers
and managers, speed the pace of innovation and lower the costs of
production and maintenance.
"Digital transformation is vital to manufacturers' ongoing
success," said Sandra L. Bouckley,
FSME, P.Eng., executive director and CEO, SME. "These survey
results underscore that the transition to digital manufacturing was
well underway even before COVID-19 — if anything, the pandemic is
only accelerating an established trend — and that competitive
advantage can only be maintained by embracing digital
innovation."
The survey, conducted with a group of industry leaders (27% of
respondents), showed clear trends that set their enterprises apart:
69% have implemented or are implementing Industry 4.0 solutions
versus 48% of late adopters. 58% are fully and mostly digital
versus 35% of late adopters.
Respondents see the following technologies as a very important
factor to their future success: 69% included big data analytics and
66% included Industrial IoT Autonomous robots and sensors are also
seen as an evolving trend among 56% of respondents.
The survey results present a significant increase in adoption of
Industry 4.0 technologies, mostly associated with market leaders.
More than 66% of respondents find Industrial IoT as a very
important part of the future of their company's success.
54% of advanced manufacturers pointed out that their main
challenge is to lower production costs. 51% are looking to improve
on-time delivery and to estimate delays.
Avner Ben-Bassat, president and
CEO of Plataine, adds: "Plataine is proud to collaborate with SME
once again on this survey. We're seeing a significant increase in
global adoption of Industry 4.0 technologies since our previous
survey in 2018. The market is adapting to the changes and decision
makers keep up the pace and onboard innovative technologies,
driving increased agility and improved efficiencies."
Access the full "Trends in Global Digital Manufacturing" survey
here.
About Plataine
Plataine is the leading provider of Industrial IoT and AI-based
optimization solutions for advanced manufacturing. Plataine's
solutions provide intelligent, connected Digital Assistants for
production floor management and staff, empowering manufacturers to
make optimized decisions in real-time, every time. Plataine's
patent-protected technologies are used by leading manufacturers
worldwide, including Airbus, GE, Renault F1® Team, Stelia North America, Muskogee Technology, IAI,
Triumph, General Atomics, TPI Composites and Ethan Allen. Plataine partners with Siemens PLM,
McKinsey & Company, VIRTEK, the AMRC with Boeing, and CTC GmbH
(an Airbus Company), and is also a part of the National Composites
Centre (NCC) membership network, to advance the 'Factory of the
Future' worldwide. For this work, Plataine has received a
Leadership Award from Frost & Sullivan and Innovation Awards
from the JEC and CompositesUK organizations, as well as the
Shanghai Society of Aeronautics (SSA). Plataine is ISO 27001
certified for compliance with information security management
requirements. For more information, visit: plataine.com.
About SME
SME connects manufacturing professionals, academia and
communities, sharing knowledge and resources to build inspired,
educated and prosperous manufacturers and enterprises. With nearly
90 years of experience and expertise in events, media,
membership, training and development, and also through the SME
Education Foundation, SME is committed to promoting manufacturing
technology, developing a skilled workforce and attracting future
generations to advance manufacturing. Learn more at sme.org,
follow @SME_MFG on Twitter
or facebook.com/SMEmfg.
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SOURCE SME