Rockwell Automation Unveils 9th Annual State of Smart Manufacturing Report

Mobility Outlook Bureau
02 Apr 2024
03:45 PM
1 Min Read

The report underscores a profound emphasis on leveraging new technologies to bolster resilience, enhance quality, optimize workforce capabilities, and foster sustainable growth.


Rockwell

Rockwell Automation, Inc. released its 9th annual “State of Smart Manufacturing Report,” a global study encompassing over 1,500 manufacturers across 17 leading manufacturing countries, including India

The report surveyed 1,567 respondents across 17 manufacturing countries, ranging from management to the C-suite, and was conducted in partnership with Rockwell Automation and Sapio Research. It spans diverse industries, ensuring a broad spectrum of manufacturing perspectives, with balanced representation across company sizes and revenues.

In India, propelled by supply chain disruptions, the warehouse and fulfilment sector spearheads digital transformation, trailed by renewable energy and chemical industries. A staggering 91% of Indian manufacturers recognise the imperative for digitisation, driven by internal imperatives like quality-growth equilibrium and external challenges including inflation and skilled labour shortages.

Key findings indicate Indian manufacturers actively enhancing network infrastructure and leveraging connected hardware devices, with networking hardware adoption at 88% and production monitoring software solutions at 92%.

Dilip Sawhney, Managing Director, Rockwell Automation India, highlighted the report's insights, emphasising the transformative impact of technologies like generative AI (GenAI) on global manufacturing. Sawhney underscored India's rapid evolution in manufacturing and its investment in smart manufacturing technologies to fuel growth, address workforce challenges, ensure quality control, mitigate cyber risks, and achieve sustainability goals, aligning with the government's Make in India initiative's vision for a trillion-dollar manufacturing economy.

Globally, manufacturers prioritise AI as the top capability driving significant business outcomes, with 83% expecting to integrate generative AI into operations by 2024. Additionally, 94% plan to maintain or expand their workforce due to smart manufacturing technology adoption, focusing on repurposing workers and hiring more talent.

The report identifies cybersecurity as a top external risk for manufacturers in 2024, underlining the paramount importance of energy management to sustainability and ESG programs.

From enhancing digital transformation to fortifying quality control and cybersecurity, the report underscores the pivotal role of emerging technologies in addressing multifaceted industry challenges. Rockwell Automation reaffirms its commitment to empowering manufacturers with the necessary tools and insights for thriving amidst unprecedented transformation.

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