Manufacturing Magazine - June 2021 | Page 99

INTELLIGENT PRODUCTS FEATURE HEADER REPORT
Types of Industry 4.0 products created by percentage of manufacturers
Our company ’ s finished products with embedded smart devices and / or intelligence
Parts / components for other manufactures ' products with embedded smart devices and / or intelligence
Smart devices for other manufactures ' products
Materials devices for other manufactures ' products with embedded smart devices and / or intelligence
Industry 4.0 software for manufactures ' products
Fluids / substances for other manufactures ' products with embedded smart devices and / or intelligence
27 %
28 %
27 %
31 %
26 %
23 %
30 %
41 %
39 %
37 %
42 %
40 %
Some products Many products
Biggest areas of improvement through Industry 4.0 products
by percentage of manufacturers reporting “ significant improvement ”
Customer support
Branding and market awareness
Differentiating products in the market

42 %

42 %

Financial impact of the application of Industry 4.0 products in past year
by percentage of manufacturers
Increase more than 10 percent
Increase 6-10 percent
Increase 1-5 percent
No change
Decrease
No Industry 4.0 currently or planned
0 % 1 %
17 % 16 %
8 % 9 %
5 % 5 %
27 % 28 %
43 % 42 %
Source : MPI / SAP manufacturingglobal . com 99