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ABI Research Unveils Key Findings on Technology Adoption in the Manufacturing Industry

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ABI Research Unveils Key Findings on Technology Adoption in the Manufacturing Industry

ABI Research Unveils Key Findings on Technology Adoption in the Manufacturing Industry

PR Newswire

Published on : Sep 25, 2024

ABI Research releases the results of its 2024 Manufacturers' Technology Adoption & Attitudes Survey

Global technology intelligence firm ABI Research has released its 2024 Manufacturers' Technology Adoption & Attitudes Survey, which encompasses insights from 461 manufacturing decision-makers across the United States, Malaysia, and Germany. The resulting report, The State of Technology in the Manufacturing Industry, uncovers real-world attitudes, adoption trends, and key insights that reflect the technological landscape within the manufacturing sector.

1. People-Related Challenges Dominate

  • According to the survey, 50% of the top ten challenges faced by manufacturers are related to workforce issues. "Recruiting, retaining, and upskilling staff are among the top challenges manufacturers face today," explains Michael Larner, Distinguished Analyst at ABI Research. The need for skilled individuals to operate and maintain equipment is critical, yet the current workforce is insufficient to meet these demands.

2. Embracing Cloud Technology for Collaboration

  • A significant 76% of manufacturers agree that cloud technology can facilitate real-time collaboration among key stakeholders, streamlining supply chain coordination. However, U.S. manufacturers appear less convinced about cloud computing’s ability to enhance efficiency through scalability compared to their German and Malaysian counterparts.

3. Security Concerns and Cyber Risks

  • The survey indicates that 74% of manufacturers believe private cellular networks provide the reliability and security essential for smooth manufacturing operations. Notably, while U.S. and Malaysian firms view new tech vulnerabilities, such as those from cloud and AI, as the top cyber risks, German firms are more concerned about data breaches and theft.

4. Generative AI and the Industrial Metaverse

  • An impressive 78% of respondents see generative AI as instrumental in quickly identifying production issues. Additionally, 79% believe the industrial metaverse can facilitate new product development, with German and Malaysian firms prioritizing new product design while U.S. firms focus on staff training and upskilling.

5. Collaboration Between IT and OT Departments

  • Despite the necessity for collaboration, only 39% of respondents report that their IT and OT teams work together to address challenges. This gap may hinder effective problem-solving and innovation within organizations.

6. Sustainability and Innovation Priorities

  • While only 23% of manufacturers in the U.S., 22% in Malaysia, and 18% in Germany prioritize supporting sustainability goals, the need for innovation remains paramount. Furthermore, 17% of manufacturers are considering commercial drone deployments within the next 12 months, reflecting interest in advancing robotics technology.

Innovation is crucial for success in the manufacturing industry, and a robust technology strategy is essential for navigating challenges and seizing opportunities. The findings from ABI Research’s survey provide valuable insights for technology vendors and end-users, equipping them with the necessary knowledge to gain a competitive edge in the rapidly evolving landscape of industrial manufacturing.