Manufacturing Magazine July 2024 | Page 79

FACTORY OF THE FUTURE
• Medium and small-sized manufacturers show the highest rates of self-design on MAP ( 52 % and 47 %, respectively ).
• Companies with faster product life cycles navigate industrial automation faster than companies with slower product life cycles . a transformative shift in the industrial automation landscape .
“ While the report primarily focuses on small and medium-sized manufacturers , it also explores the experiences of enterprise and large-scale manufacturers ,” continues Etienne .
Key findings from the report include :
• Small-sized manufacturers now make up over 75 % of companies leveraging MAP to drive their industrial automation projects .
• Enterprise-sized manufacturers leverage MAP at a higher rate thanks to more complex manufacturing floors and automation opportunities .
Over the next year , Vention plans to expand its presence in Canada , the US and in Europe .
“ We aim to empower small and medium-sized manufacturers to embrace automation , providing them with the tools and support needed to implement their system through the DIY industrial automation approach ,” says Etienne .
Collaboration with midsize and large manufacturers will intensify as they build automation expert teams to advance their roadmaps . Vention ’ s focus includes enhancing the manufacturing automation platform for greater accessibility , particularly in motion control , robotics , safety and improving user experience through seamless plug-and-play integration .
“ Additionally , we look forward to the broader recognition of digital twin value for large manufacturers and SMEs ,” says Etienne . manufacturingdigital . com 79