Market Update
Automation & Controls: Embracing New Technologies
The automation and controls industry is undergoing significant global transformation, driven by rapid advancements in technologies such as IoT, AI, and machine learning. This market update explores how businesses and professionals can adapt to these changes, highlighting strategies for technology adoption, workforce development, and maintaining competitiveness.
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The report uncovers critical themes reshaping the global automation and controls industry:
- Addressing the skills gap: 50% of engineers report that their company does not offer upskilling opportunities, impacting workforce readiness to adapt to emerging technologies.
- Embracing innovation: Companies implementing tools like Ignition by Inductive Automation achieve greater efficiency through the integration of OT and IT technologies, enabling seamless data transfer and collaboration.
- Empowering engineers: Engineers are seeking opportunities to apply cutting-edge skills on real-world projects. Companies prioritising upskilling and internal development will attract and retain top talent.
- Workforce adaptability: Employers are challenged to cultivate adaptable workforces that can navigate rapid industry changes and contribute to long-term success.
Companies need to focus on enabling and empowering engineers to adopt emerging technologies. Sharing knowledge and fostering innovation will drive businesses forward in an ever-changing environment.
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Explore the key trends, challenges, and opportunities shaping the global automation and controls sector. Download the report for expert insights on embracing new technologies and cultivating adaptable, knowledgeable workforces.