THE BRIEF “I firmly believe that hybrid or remote work can be a competitive advantage for manufacturers”
With manufacturers looking to more local suppliers in light of the pandemic, is globalisation coming to an end?
Matthew Bragstad,
Global VP and Head of Vision and Strategy, Information
8% Local suppliers
READ MORE
are the future
“As space becomes more and more scarce, the ability to optimise plant layouts will be critical” Simon Keogh,
General Manager, Factory Automation, Siemens Digital Industries READ MORE
“As the number of sensors and devices on assets grows, the volume of data tracked has expanded exponentially. It’s become impossible for humans alone to monitor everything” Skip Snyder,
Senior Partner, IBM Global Business Services READ MORE
12
October 2021
17% Globalisation
will bounce back
75% There’ll be a
balance of both
Global Additive Manufacturing Market Continues to Grow Seven industries rank additive manufacturing in their top three priority technologies for investment post-COVID-19. Since 2015, the global additive manufacturing market has grown at roughly 25% CAGR. Despite this the industry value still remains below US$15bn, representing 0.10% of the global manufacturing industry. READ MORE
India’s Potential to be a Global Manufacturing Hub As global companies look to adapt their manufacturing and supply chain strategies to become more resilient, India is placed in a unique position to become a global manufacturing hub. With 100 million people likely to enter into its workforce in the coming decade, India could help to reshape GVCs and has potential to contribute more than US$500bn in annual economic impact to the global economy by 2030. READ MORE
