Smart Manufacturing Value Through Cloud Data and AI

This research report discusses the current state of smart manufacturing, focusing on the integration of cloud data, artificial intelligence (AI), and automation in manufacturing processes. It outlines the challenges and opportunities faced by manufacturers as they navigate their digital transformation journeys. The report highlights that while manufacturers are making progress in automation and cloud adoption, there are significant gaps in performance satisfaction among executives. Specifically, it notes that companies achieve their manufacturing success metrics approximately 75% of the time, yet only 51% of executives express high satisfaction with these results. The findings indicate a disconnect between performance metrics and executive expectations, suggesting that organizations need to leverage smart manufacturing technologies more effectively. Additionally, the report details the importance of cybersecurity in connecting operational technology (OT) networks to the internet, revealing that 86% of organizations have done so, albeit with varying levels of security measures in place. The report emphasizes the need for transparency and communication regarding performance metrics to enhance organizational alignment.