Manufacturing Magazine - June 2021 | Page 8

THE BRIEF

“ ULTIMATELY , ADOPTING INDUSTRY 4.0 DOESN ’ T NEED TO BE AN ALL-OR-NOTHING EXPENSE , BUT RATHER A PROCESS INVOLVING SMALL , MEASURED STEPS TO IMPROVE MANUFACTURING EFFICIENCY ”
Ruchir Budhwar SVP and Regional Head – Europe , Manufacturing Infosys �

BY THE NUMBERS

Artificial Intelligence ( AI )

20.4 %

5G

6.6 %

Which technology will see the biggest adoption from manufacturers in 2021 ?
Automation

22.6 %

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" AFTER SPENDING 2020 PLAYING DEFENSE AGAINST CYBERATTACKS , IT IS TIME TO TAKE A STEP BACK AND CREATE A SECURE FOUNDATION FOR THE FUTURE ”
Bobby Bono Partner and Industrial Manufacturing Practice Leader PwC �
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Additive Manufacturing

10.2 %

Collaborative robotics

10.2 %

Other

1.5 %

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The internet of things ( IoT )

28.5 %

50 % of factory work is expected to be done remotely by 2024 “ THE COVID-19 PANDEMIC HAS EXPOSED THE GAPS IN OUR GLOBAL SUPPLY CHAINS AND THE OVERALL NEED FOR GREATER TRANSPARENCY , EFFICIENCY AND REAL-TIME FLOW OF INFORMATION ”

Jim Bureau CEO JAGGAER �
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61 % of manufacturers have had a cybersecurity incident in their smart factories

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US $ 673.6bn Pharmaceutical manufacturing is predicted to reach US $ 673.6bn by 2027

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8 June 2021