Summary
American manufacturers are grappling with rising production costs and recession fears, as highlighted by a Wipfli survey of over 330 executives. Despite concerns such as supply chain issues and data security, the majority remain optimistic, with over 70% planning investments in Industry 4.0 technology and 88% expecting revenue growth in 2024.
The full report can be downloaded here.
Manufacturing stands at the precipice of its most significant transformation since the Industrial Revolution. Just as ChatGPT changed how we interact with technology, a similar transformation will soon reshape physical production. The manufacturing world is...
Listen to the podcast here.
Our detailed breakdown of what data firms capture shows that nine out of 10 manufacturers we surveyed collect at least some data that gives them a view of machine health. PdM is no longer just something frontrunners are trying out. It is a well-established and...
Automation Alley COO Pavan Muzumdar wrote this Op-Ed featured in Crain’s Detroit Business on “vibe manufacturing,” a new term for manufacturing done with the help of AI assistance.
Tune in to The Sound of Automation podcast to explore the future of manufacturing with AMT experts Mary Cecile Neville and Chris Chidzik.
Predictive Maintenance (PdM) has become routine for major manufacturers, with almost half now having a PdM team — double the number from five years ago.
