Trend Three: Digital Technology Implementation
Digital technologies are impacting the manufacturing sector. To continue to grow with fewer available workers, many manufacturers are turning toward advanced technologies to spur productivity and drive efficiencies. In 2024, Industry 4.0 Assessments were the service provided most often by MMTC-West, the manufacturing services division of The Right Place. Of the 41 Industry 4.0 Assessments conducted in 2024 by MMTC-West the top recommendations were: 39% 34% 17% System Integration Automation Robotics/Cobotics of recommendations of recommendations of recommendations
Source: MMTC-West
The National Landscape
Nationally, manufacturers are embracing technologies including artificial intelligence and other advancements while investing to ensure their companies are digitally mature.
Source: Rockwell Automation, 9th Annual State of Smart Manufacturing Report Source: Deloitte, Digital Maturity Index 30% 98%
of manufacturing budgets dedicated to tech. Up from 23% in 2023.
Companies cited • cloud computing • generative artificial intelligence • and 5G connectivity as having the highest potential ROI
of global manufacturers have begun their digital transformation (building data structures, data collection, analysis, and implementation), compared to 78% in 2019.
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