A combination of challenges including a dwindling workforce, heightened cybersecurity concerns and inflationary concerns have caused manufacturers to shift their investment plans to have a heavy focus on emerging technologies.

Rockwell Automation’s ninth annual State of Smart Manufacturing Report, released earlier this week, found that 95% of respondents are using or considering using smart manufacturing technology, up from 85% in 2023.

More than 1,500 manufacturers around the world contributed to the report, with about 13% of them headquartered in the U.S.

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