Survey: U.S. manufacturers ready to embrace Industry 4.0
The U.S. manufacturing industry is rushing to embrace technology as a critical part of its processes and plans to make new technological investments in 2017, but barriers to Industry 4.0 adoption still exist, according to Automation Alley's 2017 Technology Industry Report. According to the report, 85% of national manufacturing executives said their company plans to increase budgets for technological advancements; nearly a third of them plan to increase their budgets by 10% to 15%.