The automotive industry is rapidly adopting smart factories, with nearly 70% of manufacturers having ongoing initiatives in this area. The industry's appetite for smart factories has increased over the past 18 to 24 months, and the benefits of these initiatives include improved productivity and cost savings. To scale their smart factory initiatives, automakers and suppliers can focus on several key areas, including data analytics, automation, and collaboration with suppliers. By doing so, they can achieve the full potential of the smart factory revolution and drive further innovation in the industry.
