Source: https://www.wipfli.com
ICONS: ADOBE STOCK
88% - Expect increased revenues in 2024
71% - Intend to increase Industry 4.0 technology investment
99% - Place some level of importance on digital transformation, technological advancement
47% - Using robotics, automation
36% - Implemented artificial intelligence (AI)
Regarding company’s financial prospects going into 2024 compared to 2023
44% - Somewhat better
35% - Much better
11% - Somewhat worse
8% - No change
2% - Much worse
Regarding company’s level of preparedness & resilience to withstand disruptions in manufacturing operations
49% - Adequately prepared
35% - Somewhat prepared
15% - Extremely prepared
1% - Not prepared
Technologies planned for investment in 2024
50% - Robotics & automation
47% - Cloud computing
41% - Data analytics/business intelligence
41% - Artificial intelligence (AI)
36% - Production/machine monitoring
Explore the January/Februrary 2024 Issue
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