“The factory is getting a facelift, thanks to a raft of new technologies designed to make manufacturing more efficient, flexible and connected. Daniela Costa […] outlines three key drivers of this development, which could provide more than $500 billion in combined savings for manufacturers and customers.”
Source it from Goldman-Sachs
Michel Baudin‘s comments:
Thanks. I didn’t know Goldman-Sachs was the go-to place for manufacturing expertise.
The only departure from classical automation hype is the emphasis on human-machine collaboration. This topic had been ignored in the American and European approach to automation, with the exception of Working With Machines.
Otherwise, she used the word “significant” many times, probably to imply the existence of research and data behind her statements while saying nothing about what that research might have been. I am particularly curious about where the “$500B in savings” figure came from. It is given context-free, so we don’t know whether she means in Europe or worldwide and over how many years.
She also equated automation with the use of robots but that is common in the press.