none

AUSTRALIAN MANUFACTURERS SEE 3D PRINTING AS TOP DIGITAL TREND

07-03-2018
by 
in 

A new survey highlighting global digital trends in manufacturing has thrown up some interesting points of divergence between Australian manufacturing industry and the rest of the world. The survey, commissioned by Infosys, polled IT and business decision makers in the USA, the UK, France, Germany, China, India and Australia to discover the opportunities presented by new digital technologies.

In global terms, improved cyber security (68%), using AI and automation in the back office (45%), and supplying directly to consumers through e-commerce (45%) were perceived as the major trends that would have positive impacts over the next three years.

However, the responses from Australian industry showed a different set of priorities, with 3D printing of spare parts taking the top ranking with 91% of respondents.

Interestingly, the use of the Industrial IoT (or Industry 4.0) to predict and prevent machine failure, although significant ranked only fifth, both locally and globally.

Other important trends identified by at least 30% of the survey group included: the use of blockchain technology in the supply chain; the use of predictive technologies to improve after-sales service; investments in advanced materials technologies; and the creation of digital twins to improve maintenance efficiency.

When it came to actual investment intentions, the companies surveyed all planned to invest in digital technologies in the coming 12 months.

Infosys
www.infosys.com

Related news & editorials

  1. 17.01.2019
    17.01.2019
    by      In
    Despite an increased global focus on IoT security, the latest report from security specialist Gemalto reveals that only around half (48%) of businesses can detect if any of their IoT devices suffers a breach. “The state of IoT security” also finds that the proportion of companies’ IoT budgets spent... Read More
  2. 17.01.2019
    17.01.2019
    by      In
    Online entries for the Australian Packaging and Processing Machinery Association Awards of Excellence will close on 26th January, with judging set to begin on 28th January. The award winners will be announced at the Gala Awards Ceremony on 27th March.
    According to APPMA Chairman Mark Dingley, “... Read More
  3. 17.01.2019
    17.01.2019
    by      In
    A group of almost 30 global companies from the plastics and consumer goods sectors have come together to form the Alliance to End Plastic Waste (AEPW), committing more than $1.0 billion with the goal of investing $1.5 billion over the next five years to help end plastic waste in the environment.... Read More
  4. 15.01.2019
    15.01.2019
    by      In
    Available now from technology distributor Avnet, the January 2019 issue of Supply Chain Navigator looks at some of the operational strategies and technology implementations leading supply chain organisations are using to innovate and grow amid increasingly unpredictable economic conditions.... Read More