TO UNDERSTAND HOW ALL THIS POTENTIAL CAN BE FULLY UNLOCKED, THE RESEARCH PROGRAMME SPOKE TO INDUSTRY LEADERS ABOUT WHAT OBSTACLES THEY FACE. Closing the action gap
When it comes to automation, the industry was one of the early adopters of the technology, and it knows how to automate effectively when conditions align. If there is an issue, it is that engineering solutions do not always perform well out of the gate, slowing integration processes. In some cases, the lower cost of some labour proves a tempting potential short-term solution. For digital and AI, the landscape is more nuanced. Three quarters of the leaders in the research revealed that they can see the benefits of digital and AI solutions and how they can support their company’s strategic objectives. Most have already identified exciting opportunities for their business. However, full maturity is a way away. Just half are confident that their business knows the right approach to implementing and effectively deploying newer technologies. There is an action gap between digital enthusiasm and actual implementation. Three key interlinked reasons for this gap emerged during industry interviews, each of which can be overcome with a joined-up industry-wide approach.
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