Manufacturers are adopting emerging technologies to drive efficiency, finds Alithya Group report

Manufacturers are rapidly adopting new technologies to meet supply chain, quality control, cybersecurity, and sustainability goals, according to Alithya Group’s recently released annual Manufacturing Trends report for 2024.

The report highlights key findings and takeaways from a survey conducted among more than 150 professionals in the manufacturing sector.

According to the report, over 60 percent of manufacturers plan to adopt process automation in 2024, making it the top priority technology investment. Other top technologies include Microsoft Copilot, predictive analytics, and supply chain management. The adoption of AI and machine learning technology is seen as a quick path to enhance efficiency, business operations, and supply chain resiliency.

Manufacturers are also reportedly focusing on improving operational efficiency and process productivity. Over 40 percent of respondents identified innovation in operations as a priority, while 25 percent focused on innovating processes.

To enhance the resilience of their manufacturing supply chains, manufacturers are diversifying their supplier base, investing in technology solutions, and strengthening strategic partnerships with key suppliers. Implementing advanced data analytics or AI-driven tools, and conducting regular risk assessments, are also part of their strategies for addressing potential disruptions and ensuring business continuity.

The report also finds that manufacturers plan to implement machine learning for demand forecasting and planning, employ data analytics to optimize production efficiency, explore the potential of digital twins, use AI for predictive maintenance, and integrate data analytics to monitor energy consumption.

Manufacturers are also implementing cybersecurity measures such as conducting regular cybersecurity training for employees, upgrading network infrastructure with new security technologies, collaborating with cybersecurity experts or consultants, and implementing multi-factor authentication.

“Alithya’s latest industry survey underscores the transformative potential of technology in manufacturing, while also highlighting the need to understand and use AI technologies to strengthen market positions. These insights illuminate the current state of the industry and how manufacturers plan to adopt new best practices, enhance operational efficiency, and stay ahead of emerging trends,” said Russell Smith, leader of Alithya’s Enterprise Solutions Business Group.