What concerns do businesses have regarding factory connectivity?

Posted on 2 Jun 2017 by Jonny Williamson

The Annual Manufacturing Report 2017 has revealed the primary concerns UK manufacturers have regarding implementing or continuing to use forms of connectivity.

What concerns do manufacturers have regarding factory connectivityRespondents were asked for their views on the potential downside of factory connectivity – either in terms of barriers to adoption, or concerns regarding ongoing use.

Surprisingly few (36%) expressed concerns over cybersecurity, while just 12% found it hard to define the business case. Although, more than a third (36%) thought that the payback period for factory connectivity was either too long or too uncertain.

In fact, by far the greatest area of concern among manufacturers was that initial development costs were too high (64%), and that their business lacked appropriate expertise with which to exploit the opportunity offered by factory connectivity (52%).

While understandable, these are hardly insurmountable barriers. With its high levels of ongoing investment – just one in six (16%) anticipate spending less over the next 12 months than they had done in the previous year, coupled to significant revenue earning opportunities, the future of factory connectivity among Britain’s manufacturers seems assured.

You can download the full Annual Manufacturing Report 2017 here.

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