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Global manufacturing output to grow only 0.3% in 2024

Control Engineering

According to Interact Analysis’ revised research, the outlook for global manufacturing is bleak, and this looks set to continue throughout 2024 into early 2025. According to Interact Analysis’ revised research, the outlook for global manufacturing is bleak, and this looks set to continue throughout 2024 into early 2025.

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How the automotive industry can turn data into their advantage

AU Manufacturing

Article by Joe Craparotta, VP IT Business & Strategic Segments, Schneider Electric. For the automotive industry , edge computing represents a solution to latency, bandwidth, and autonomy challenges, as well as regulatory and security requirements, that hold us back from reaching the full potential of data.

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SMMT - Untitled Article

SMMT

Read our spotlight article, written by Sarah Holloway at the British Consulate-General Los Angeles to find out more about the electrification market on the US west coast. Click here for further details and to register. Visit SMMT International for more information on how to register. The post appeared first on SMMT.

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Accenture invests in humanoid maker Sanctuary AI

Robotics Business Review

Credit: Sanctuary AI In its Technology Vision 2024 report , Accenture said 95% of the executives it surveyed agreed that “making technology more human will massively expand the opportunities of every industry.” This article will be updated if more details are learned. Financial details of the investment were not disclosed.

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Strengthening the UK and Ghana partnership

SMMT

Ghana Automotive Sector Article With a large overall market and several well developed automotive manufacturing centres, Africa’s automotive profile is on the rise. Ghana’s Automotive Sector According to Ghana JET, the countries’ automotive sector is worth $4bn with 15% CAGR. units by 2027. There are 3.2m

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Manufacturing industry recovery dependent on prudent fiscal policies

Control Engineering

Global manufacturing insights The Interact Analysis Manufacturing Industry Output (MIO) Tracker predicts a slight dip in global manufacturing industry output in 2024, followed by an uptick in 2025, contingent on appropriate fiscal policies and stimulus initiatives. contraction – rather than 0.3%

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Top trends in 2024: Experts share key automation trends for Canadian manufacturers in 2024

Automation Mag

As manufacturers plan for 2024, industrial automation continues to evolve rapidly, driven by advancements in artificial intelligence, robotics, IoT (Internet of Things) and data analytics. As McKinsey and Company stated in January 2024, “AI could contribute to the manufacturing sector a whopping annual impact ranging from $1.2