New Study: Indiana in early stages of advanced technology adoption; Budgets and roadmaps needed for widespread adoption
INDIANAPOLIS – Conexus Indiana, in partnership with Indiana University Kelley School of Business Center for Excellence in Manufacturing, released a study today that shows Indiana advanced manufacturing and logistics companies are in various stages of adopting smart manufacturing technologies and identifies a path forward to help spur widespread technology adoption among Indiana manufacturers of all sizes. Without widespread adoption of advanced technologies, study authors say, Indiana risks falling behind increasingly tougher global competition. “Charting Indiana’s Path from Early Adoption to Widespread Application of Industry 4.0 Technologies,” available here, surveyed 380 Indiana advanced manufacturing and logistics companies from a wide cross-section of businesses across the state. Industry 4.0 is the move toward smart manufacturing where autonomous technologies, smart systems and data and machine learning promise to significantly improve manufacturing operations. Industry 4.0 technologies include Internet of Things (IoT), additive manufacturing, cloud [...]
