Manufacturing companies in Europe and North America are facing severe operational challenges as seasoned workers retire and young talent remains scarce. Amid this labor shortage, augmented connected workforce (ACW) is emerging as a vital solution. By integrating disruptive technologies, like artificial intelligence (AI), Internet of Things (IoT) and machine learning (ML), ACW is speeding up onboarding, enhancing workforce flexibility, and preserving critical knowledge. Meanwhile, intense competition from startups is driving innovation, forcing manufacturing industry leaders to rethink their growth strategies and adapt to the evolving landscape.
CLICK HERE to Uncover the Top 15 Growth Opportunities in Industrial Automation
Frost & Sullivan’s latest webinar explored the topic – “Industrial Automation Growth Opportunities in North America and Europe: Are You Harnessing the Megatrends and Innovations Reshaping Augmented Connected Workforces?” Industry leaders discussed emerging megatrends and explored new opportunities that are transforming the future of the connected workforce.
The following industry automation experts shared transformative perspectives during the webinar:
- Matt Belkin, CEO at Parsable
- Prateek Kathpal, CEO at SymphonyAI Industrial
- Chris Kuntz, Vice President of Strategic Operations at Augmentir
- Sebastián Trolli, Growth Expert, Research Manager and Global Head of Industrial Automation and Software at Frost & Sullivan
- Agustín Fabris, Growth Expert and Research Analyst at Frost & Sullivan
Note: Click here to gain valuable information from these experts by accessing the recorded session of the webinar.
What were the key strategic imperatives discussed during the webinar?
Becoming a Partner of Vertically Integrated Software Vendors
To drive growth, ACW vendors are forging strategic partnerships with companies, like SAP and Siemens, that offer comprehensive, end-to-end software solutions tailored to specific industries. These partnerships are enabling ACW vendors to leverage larger customer bases, integrate seamlessly with manufacturing execution systems (MES) and computerized maintenance management systems (CMMS), and expand their solutions’ reach through established mobile platforms.
Streamlining Complexity in Industrial Operations with ACW Generalist Solutions
The ACW ecosystem is evolving from specific-use solutions to comprehensive systems, integrating remote collaboration, skills management, safety, and more. Vendors are embracing a generalist approach, offering versatile solutions while maintaining specialized functionalities, thus reshaping industrial operations across diverse domains.
Strengthening Workforce Engagement Through Citizen Development
As no-code environments gain popularity, non-technical users are increasingly driving continuous improvement within industrial companies. ACW solutions are fostering workforce engagement through ongoing citizen development. This approach is allowing users to utilize innovative tools that enhance their capabilities and promote long-term adoption across various organizations.
Enhancing Data-Driven Decision Making Through Advanced Analytics
To stay competitive, ACW vendors are harnessing advanced analytics to empower organizations with data-driven insights. By leveraging big data and predictive analytics, manufacturing companies are swiftly making informed decisions, optimizing operations, accurately forecasting demand, and improving overall efficiency.
To learn more about these and other growth opportunities in the global ACW domain, click here.
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