Michael Larner
Distinguished Analyst
Research Focus
Michael Larner, Distinguished Analyst, is part of ABI Research’s End Markets team tracking the development and adoption of emerging technologies within the context of smart manufacturing and industrial solutions. Michael’s research focuses on manufacturing technologies, such as product life cycle management and simulation software, plus the adoption of data analytics, robotics, Artificial Intelligence (AI), the Internet of Things (IoT), and connectivity technologies on the factory floor and by industrial firms.
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Topics Covered
Industrial & Manufacturing Technologies
Industrial & Manufacturing Markets
Insights
Windchill Is Critical to PTC’s Digital Thread Vision
Insight | 1Q 2025 | IN-7752
Easy Incident Logging via QR Codes Is a Win for Safety on the Factory Floor and EHSwise
Insight | 4Q 2024 | IN-7645
ACHEMA 24: Exhibitors Less Focused on Creating a Buzz and More about Solving Process Manufacturers’ Challenges
Insight | 3Q 2024 | IN-7482
Georgia Pacific Shows How AI and Generative AI Can Both Augment Operations and Accelerate Skills Adoption
Insight | 3Q 2024 | IN-7443
SLB and Equinor Harness AI to Achieve Autonomous Drilling Operations
Insight | 1Q 2024 | IN-7260
Bosch Pilots the Use of Synthetic Data to Reduce Time Needed to Develop AI Applications
Insight | 1Q 2024 | IN-7230
Micoromine, Pitcrew AI, and SentianAI Showcase AI Use Cases to Improve Miners’ Operations
Insight | 4Q 2023 | IN-7168
Generative AI Comes to U.S. Steel’s Iron Ore Facilities
Insight | 3Q 2023 | IN-7073
Innovations Showcased at Hannover Messe Will Not Scale unless IT and OT Teams Are in Sync
Insight | 2Q 2023 | IN-6925
Digital Twins Are No Longer an Interesting Concept for John Deere, They Are Essential to Optimizing Facilities
Insight | 2Q 2023 | IN-6894
Pfizer: Lessons Learned from Upscaling Production from 200 Million to 3 Billion Vaccines
Insight | 1Q 2023 | IN-6851
The Rogers Technology Centre of Excellence Supports NORCAT’s Objective to Reduce Miners’ Digital Anxieties
Insight | 1Q 2023 | IN-6819
Creating a Digital Twin of Entire Facilities Enables Mars Inc.’s Staff to Meet Operational Challenges Head-on
Insight | 4Q 2022 | IN-6731
Tooling-U SME Is Helping Manufacturers Upskill Staff with Virtual Reality
Insight | 3Q 2022 | IN-6690
Siemens Snaps Up Senseye to Expand Its Predictive Maintenance Expertise
Insight | 3Q 2022 | IN-6610
Longstanding Partnership with Microsoft Enables P&G to Increase its Operational and Sustainability Ambitions
Insight | 3Q 2022 | IN-6593
Marquee Stands at Hannover Messe 2022 Demonstrate the Partnerships Required to Sew Digital Threads
Insight | 2Q 2022 | IN-6583
Voith Group Automates and Digitizes Paper Mills’ Operations
Insight | 2Q 2022 | IN-6502
Foxconn Industrial Internet is Looking to Expand Manufacturing Digitalization Beyond China
Insight | 1Q 2022 | IN-6473
Ericsson and HERE Partner to Map Mining Sites
Insight | 1Q 2022 | IN-6431
Improving Customer Satisfaction with Configit’s Configuration Tools
Insight | 4Q 2021 | IN-6388
AWS IoT TwinMaker: AWS’s Solution for Simplifying Digital Twins Construction
Insight | 4Q 2021 | IN-6376
Nokia Seeks to Deliver at the Industrial Edge
Insight | 4Q 2021 | IN-6350
Contract Manufacturing Platforms to Alleviate Manufacturing Bottle Necks
Insight | 4Q 2021 | IN-6337
TeamViewer is More Than Another Logo on the Mercedes-AMG Petronas Formula One Car
Insight | 4Q 2021 | IN-6311
Lexmark Enters the IoT Market with the Launch of Its Optra IoT Platform
Insight | 4Q 2021 | IN-6310
Sodexo Illustrates the Benefits and Hazards of Smart Glasses
Insight | 3Q 2021 | IN-6265
Landing AI Provides Manufacturers with an Improved Lens on Their Production Lines
Insight | 3Q 2021 | IN-6261
Acquisition of TQS Integration Expands Cognizant’s Ability to Help Life Sciences Firms to Run on Data
Insight | 3Q 2021 | IN-6251
Siemens Expands its Low Code Expertise with TimeSeries Acquisition
Insight | 3Q 2021 | IN-6199
Accelerating EV Design with Neural Concept’s Deep Learning Based Prototyping
Insight | 2Q 2021 | IN-6134
Plataine and SAP Join Forces to Facilitate Dynamic Scheduling
Insight | 2Q 2021 | IN-6168
Autodesk Targeting PLM Users in SMB with Upchain Acquisition
Insight | 2Q 2021 | IN-6133
Rolls-Royce Germany Partners with Altair to Democratize Data
Insight | 2Q 2021 | IN-6112
Aspen Technology and Emerson Invest in Their Pharma Digital Threads
Insight | 2Q 2021 | IN-6109
Mobile Network Operator Elisa Expands its Industrial Software Capabilities with CamLine Acquisition
Insight | 1Q 2021 | IN-6050
5G Trials in Manufacturing Continue Apace in the West Midlands, England
Insight | 1Q 2021 | IN-6054
Brexit Fuels U.K. Manufacturers’ Industry 4.0 Adoption
Insight | 1Q 2021 | IN-6053
PTC’s SaaS Acquisitions Continue with the Purchase of Arena Solutions
Insight | 1Q 2021 | IN-6024
ABB and CORYS Partner to Develop Digital Twins
Insight | 1Q 2021 | IN-6026
Litmus Provides its Customers with an Edge
Insight | 4Q 2020 | IN-6013
Telefónica Delivering the Promise of 5G for Gestamp
Insight | 4Q 2020 | IN-5987
ABB Partners with IBM and Forescout to Help Secure OT Environments
Insight | 4Q 2020 | IN-5986
Siemens and AWS Combine to Deliver VW’s Industrial Cloud
Insight | 4Q 2020 | IN-5961
Shell’s Ambitious Plan to Create a Digital Twin of an Entire Facility
Insight | 4Q 2020 | IN-5959
U.S. Dept. of Defense Teaches Lockheed Martin the Importance of Digital Threads
Insight | 4Q 2020 | IN-5958
Honeywell Digitalizing the Trade of Aircraft Parts
Insight | 3Q 2020 | IN-5911
Philips 66 Looks to AT&T and Accenture to Plug Coverage Gaps
Insight | 3Q 2020 | IN-5878
3D Printing a Key Element of BAE Systems’ Plans for Its Role in Producing the Tempest Aircraft
Insight | 3Q 2020 | IN-5888
Zeetta Networks Underpinning 5G ENCODE with Network Slicing
Insight | 3Q 2020 | IN-5854
3DEXPERIENCE Propelling Dassault Systèmes’ Success
Insight | 3Q 2020 | IN-5852
Singapore’s IMDA to Run a Manufacturing 5G Trial with the Help of IBM, Samsung, and M1
Insight | 2Q 2020 | IN-5849
Lanner’s Virtual Brewery Demonstrates Broader Use Cases for Simulation Software
Insight | 2Q 2020 | IN-5825
SAP Provides Startups with Mentorship, Integration with S/4HANA, and Access to Enterprise Clients via SAP.iO
Insight | 2Q 2020 | IN-5800
Blockchain Delivering Supply Chain Visibility for BMW
Insight | 2Q 2020 | IN-5803
Rockwell Adds ASEM and Kalypso to Its Portfolio
Insight | 2Q 2020 | IN-5773
Hexagon Enriches Its Digital Twin User Experience with OSIsoft Connection
Insight | 1Q 2020 | IN-5751
A 5G Network Improves Productivity at Worcester Bosch but More Work Required to Encourage others to Follow
Insight | 1Q 2020 | IN-5726
Research
Handling the Baby Boomer Exodus in Manufacturing
Report | 4Q 2024 | AN-6055
Industrial and Manufacturing Markets Update: Process Manufacturers 2H 2024
Presentation | 4Q 2024 | PT-2753
Case Studies of Manufacturing Safety Solutions Matching Customers’ Circumstances
Presentation | 4Q 2024 | PT-3238
Industrial and Manufacturing Survey 1H 2024: What Does the Survey Tell Us about Efforts to Improve Productivity?
Presentation | 3Q 2024 | PT-3328
Industrial and Manufacturing Survey 1H 2024: What’s Top of Mind for Senior Managers?
Presentation | 3Q 2024 | PT-3321
Industrial and Manufacturing Survey 1H 2024: What’s Top of Mind in Germany?
Presentation | 3Q 2024 | PT-3322
Industrial and Manufacturing Survey 1H 2024: What’s Top of Mind in Malaysia?
Presentation | 3Q 2024 | PT-3323
Industrial and Manufacturing Survey 1H 2024: What’s Top of Mind in the United States?
Presentation | 3Q 2024 | PT-3324
Industrial and Manufacturing Survey 1H 2024: What’s Top of Mind for Discrete Manufacturers?
Presentation | 3Q 2024 | PT-3326
Industrial and Manufacturing Survey 1H 2024: What Does the Survey Tell Us about Efforts to Improve Quality Levels?
Presentation | 3Q 2024 | PT-3327
Industrial and Manufacturing Survey 1H 2024: What’s Top of Mind at Large Enterprises?
Presentation | 3Q 2024 | PT-3329
Industrial and Manufacturing Survey 1H 2024: What Does the Survey Tell Us about IT and OT Alignment?
Presentation | 3Q 2024 | PT-3330
Industrial and Manufacturing Survey 1H 2024: What Are Respondents Looking for from Vendors?
Presentation | 3Q 2024 | PT-3331
Industrial and Manufacturing Survey 1H 2024: Utilization of Generative AI
Presentation | 3Q 2024 | PT-3332
Industrial and Manufacturing Survey 1H 2024: What’s Top of Mind for Process Manufacturers?
Presentation | 3Q 2024 | PT-3325
The State of Technology in The Manufacturing Industry
Whitepaper | 3Q 2024 | WP-210
Industrial and Manufacturing Survey 1H 2024: State of Play for Digital Transformation
Presentation | 3Q 2024 | PT-3319
Industrial and Manufacturing Survey 1H 2024: What’s Top of Mind for Plant Managers and Operations Leads?
Presentation | 3Q 2024 | PT-3320
Environmental Health and Safety (EHS) Software
Market Data | 3Q 2024 | MD-SWEE-23
Environmental Health and Safety (EHS) Software Market Data Overview: 3Q 2024
Presentation | 3Q 2024 | PT-3253
Ensuring Worker Safety with EHS Software
Report | 3Q 2024 | AN-5853
Industrial and Manufacturing Markets Update, Discrete Manufacturers: 1H 2024
Presentation | 2Q 2024 | PT-2751
Digital Transformation of Electronics Manufacturing
Presentation | 1Q 2024 | PT-3146
Digital Transformation and the Aerospace Industry
Presentation | 1Q 2024 | PT-2531
Digital Transformation and the Cement Industry
Presentation | 4Q 2023 | PT-2749
Digital Transformation of Auto Manufacturing
Report | 4Q 2023 | AN-5626
Digital Transformation in the Mining Industry
Presentation | 3Q 2023 | PT-2748
Digital Transformation in the Pulp and Paper Industry Update
Presentation | 3Q 2023 | PT-2747
Industrial and Manufacturing Markets: 1H Semiannual Update
Presentation | 3Q 2023 | PT-2669
Digital Transformation of Semiconductor Manufacturing
Report | 2Q 2023 | AN-5017
The Macro and Micro Factors Impacting Industrial and Manufacturing Firms and How Technologies Can Help Tackle Them
Presentation | 2Q 2023 | PT-2708
Manufacturing Data Analytics
Competitive Ranking | 1Q 2023 | CA-1315
Digitalization in Process Manufacturing and Extractive Industries
Market Data | 1Q 2023 | MD-IMMF-22
Software Suppliers Supporting the Pharmaceuticals Value Chain
Presentation | 4Q 2022 | PT-2532
Generative Design Software Suppliers
Competitive Ranking | 3Q 2022 | CA-1318
Digital Transformation in Process Manufacturing and Extractive Industries
Presentation | 3Q 2022 | PT-2585
5G Private Wireless in Manufacturing Market Update: 2022
Presentation | 2Q 2022 | PT-2589
Digital Transformation in the Steel Industry
Report | 2Q 2022 | AN-5427
Generative Design: What's New and What's Next
Report | 2Q 2022 | AN-5517
Digital Transformation in the Pulp and Paper Industry
Report | 4Q 2021 | AN-5426
Digital Transformation in the Oil and Gas Market
Report | 4Q 2021 | AN-5423
Hot Tech Innovators: The Industrial Edge
Presentation | 4Q 2021 | PT-2394
Digital Transformation in the Mining Industry
Report | 3Q 2021 | AN-5424
Simulation Software in a Manufacturing Setting
Report | 3Q 2021 | AN-5491
Industrial Simulation Software
Competitive Ranking | 2Q 2021 | CA-1317
Digital Transformation in the Consumer Packaged Goods Industry
Report | 2Q 2021 | AN-5425
Digital Transformation in the Pharmaceutical Industry
Report | 1Q 2021 | AN-5422
Industrial Product Lifecycle Management (PLM) Software Competitive Ranking
Competitive Ranking | 1Q 2021 | CA-1307
Industrial Product Lifecycle Management (PLM) Software Market Data
Market Data | 4Q 2020 | MD-PLM-101
Data Management in Industrial Applications Market Tracker
Market Data | 4Q 2020 | MD-DMIA-101
Industrial Product Lifecycle Management (PLM) Software: Gaining Insights from the Cradle to Grave
Report | 4Q 2020 | AN-5228
Manufacturing and Supply Chain Summit: Data Analytics and AI at the Edge
Presentation | 4Q 2020 | PT-2424
Data Analytics in Manufacturing Competitive Ranking
Competitive Ranking | 3Q 2020 | CA-1266
Systems Integrators and Professional Services in a Manufacturing Setting
Report | 2Q 2020 | AN-5320
Data Management in Industrial Applications
Report | 2Q 2020 | AN-5116
Michael Larner In The News
Manufacturing robot installed base to reach 16.3M by 2030, says ABI Research
The Robot Report (2025-01-18)“Companies that take a step back will view the demographic shifts as an opportunity to revamp processes and operations,” statedMichael Larner, a distinguished analyst at ABI Research. “It is not about technology filling former employees’ roles but how technology augments people’s working lives.”
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Baby Boomer Retirements Leave U.S. Manufacturers Struggling to Hire
Supply Chain 247 (2025-01-17)
“Companies that take a step back will view the demographic shifts as an opportunity to revamp processes and operations. It is not about technology filling former employees' roles but how technology augments people’s working lives,” says Michael Larner, Distinguished Analyst at ABI Research.
Citation
Manufacturing Robot Installed Base to Hit 16.3 Million by 2030 Amid Baby Boomer Exodus
EMS Now (2025-01-16)
“Companies that take a step back will view the demographic shifts as an opportunity to revamp processes and operations. It is not about technology filling former employees’ roles but how technology augments people’s working lives,” says Michael Larner, Distinguished Analyst at ABI Research. “The...
Citation
Strong onboarding and ongoing support crucial when evaluating vendors
SME Horizon (2025-01-15)
“Improving quality and productivity levels are key objectives for survey respondents. However, an overriding concern is how to deploy the technologies to achieve those objectives,” explains Michael Larner, Distinguished Analyst at ABI Research.
Citation
U.S. manufacturing faces 600,000 vacancies amid baby boomer exodus
Modern Materials Handling (2025-01-15)
Global technology intelligence firm ABI Research projects that 16.3 million industrial robots will be deployed worldwide by 2030. “It is not about technology filling former employees' roles but how technology augments people’s working lives,” said Michael Larner, Distinguished Analyst at ABI...
Citation
4 Ways to Achieve Industry 4.0 Manufacturing Modernization
Consumer Goods Technology (2024-06-27)
“The digital twin is exciting, but many are still battling to actually remove paper from data collection,” says Michael Larner, industrial and manufacturing research director at global technology intelligence firm ABI Research. “They haven't been willing to do a lot of incremental steps and a lot of...
Citation
Electronics management trends through to 2034
Future IoT (2024-05-2)
ABI Research says the electronics industry is characterised by increasingly sophisticated devices for consumer and industrial users. Contract manufacturers must be ready to ramp up production in time for varied product launch dates and gift-giving occasions throughout the year. ABI Research...
Citation
Digital Tech Spending By Aerospace Companies To Rise Sharply
Aviation Week (2024-04-4)
By 2034, aerospace manufacturers will spend $53.8 billion on digital technology, up from $30 billion in 2022, according to a new report by market intelligence firm ABI Research.
Citation
Regulatory Scrutiny And Commercial Necessity Fuels Growth In Aerospace Manufacturers’ Digitalization Spend; Reaching US$54 Billion In 2034
EMS Now (2024-03-27)
“Aerospace firms are under pressure from airlines positive about the demand for air travel and are looking to refresh their aircraft roster. Both Boeing and Airbus have a growing order book but cannot take regulation shortcuts to fulfill them,” says Michael Larner, Industrial and Manufacturing...
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Regulatory Scrutiny, Commercial Necessity Fuels Growth in Aerospace Manufacturers’ Digitalization Spend
Automation.com (2024-03-26)
“Aerospace firms are under pressure from airlines positive about the demand for air travel and are looking to refresh their aircraft roster. Both Boeing and Airbus have a growing order book but cannot take regulation shortcuts to fulfill them,” said Michael Larner, Industrial and Manufacturing...
Citation
Rejuvenating Local Manufacturing Communities
The Peggy Smedley Show (2024-01-25)
Peggy Smedley and Michael Larner, industrial and manufacturing research director, ABI Research, talk about rejuvenating local manufacturing communities—and what is really happening. He says it ultimately means one of two things.
Citation
Auto Industry to Invest Billions in Digitalization Initiatives
Assembly Magazine (2024-01-17)
Digital technology will help legacy automakers transition from internal combustion engines to battery-powered vehicles over the next decade. A new report from ABI Research predicts that the auto industry will increase investment in digital twins and other tools at a cumulative annual rate of nearly...
Citation
Cement producers strive to mitigate their substantial carbon footprint
World Cement (2023-12-8)
“With all of the above in mind, cement producers are developing risk frameworks that present opportunities for technology suppliers to help firms assimilate information for presenting credentials and performing scenario planning exercises”, says Michael Larner, Industrial and Manufacturing Markets...
Citation
Cement industry to drive digital investment to curve carbon footprint
Invest Money UK (2023-12-8)
“With all of the above in mind, cement producers are developing risk frameworks that present opportunities for technology suppliers to help firms assimilate information for presenting credentials and performing scenario planning exercises,” says Michael Larner, industrial and manufacturing markets...
Citation
Cement producers scrambling to reduce emissions – omens for the glass and metal industries?
Glass Canada (2023-12-8)
According to global technology intelligence firm ABI Research, total spending on digitalization is forecast to reach US$3.54 billion in 2033 (a 5.5% Compound Annual Growth Rate (CAGR)). “With all of the above in mind, cement producers are developing risk frameworks that present opportunities for...
Citation
Miners' spend on data analytics to double by 2030
Mining Monthly (2023-10-12)
ABI bases its forecast on the extent the six largest miners BHP, Rio Tinto, Anglo American, Arcelor Mittal, Glencore and Vale are deploying digital technologies in their operations.
Citation
Data analytics spending in mining sector to hit US$1.4 billion by 2030, reveals ABI Research study
Proaactive (2023-10-11)
“The results revealed that investments made by ArcelorMittal, Glencore, and Vale have not yet significantly grown the bottom line,” commented Michael Larner, Industrial and Manufacturing Research Director at ABI Research.
Citation
Digital state of mined
I.M3 (Institute of Materials, Minerals & Mining (2023-06-9)
Michael Larner, ABI Research’s Industrial & Manufacturing Research Director, spoke to Materials World. The firm has published several reports on the advantages of digitalisation within the mining and mineral sectors. When asked whether mining lags behind other sectors in adopting digitalisation...
Citation
CIO 100 US: 10 award-winning manufacturing IT projects
CIO (2022-08-18)
Michael Larner, a research director at ABI Research, says technology innovation will remain instrumental for manufacturers’ success as they confront myriad challenges, such as escalating energy costs, supply chain disruptions, staffing shortages, and the need to optimize resources. “We’re seeing a...
Citation
The 2022 IndustryWeek Technology Survey: Money to Modernize
IndustryWeek (2022-06-28)
We added a question this year about the primary purpose for which manufacturers employ vision systems, and a full 51% of respondents said that they do not employ vision systems at all. According to Michael Larner, Industrial & Manufacturing principal analyst at ABI Research, this potentially...
Citation
AI Still Has Much to Learn About Humans in Natural Gas and Oil Industry
Natural Gas Intelligence (2022-02-12)
In a recent study, global technology market research firm ABI Research predicted that natural gas and oil companies would spend $15.6 billion on “digital transformation technologies” by 2030. “The role of technology is evolving from helping oil and gas firms monitor their large, complex and...
Citation
Oil and gas sector invests $15.6bn in digital to tackle industry threats
Smart Energy International (2022-01-7)
he report, Digital Transformation in the Oil and Gas Markets, states that companies will through 2030 increase investments in digital transformation to address commercial, operational, and existential threats, as well as align business models with changing climate action regulation. With digital...
Citation
Oil And Gas Industry To Spend $15 Billion On A Tech Transformation
Markets Insider (2021-12-15)
The oil and gas industry is set to spend $15.6 billion on digital transformation by the end of this decade to enhance cybersecurity, maintain safe operations, and create sustainable performance, technology intelligence firm ABI Research said in a new report on Wednesday.
Citation
12 factors heating up the popularity of digital twins and simulations
Venture Beat (2021-11-7)
Simulation is increasingly relevant in the manufacturing industry. Simulation software is an insurance policy for manufacturers, ABI Research principal analyst Michael Larner told VentureBeat. There is an arms race in the supplier community regarding the algorithms that can be deployed, he said....
Citation
11 tips for selecting and implementing an ERP system
CIO (2021-11-2)
As ABI Research analyst Michael Larner puts it, “How robust is the source of information that the solution can obtain information from, in order to provide a single version of truth.” This is particularly important as companies struggle with supply chain issues and need to have real-time insight...
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ZD Net: Time for an 80% solution for low-code and no-code
ZD Net (2021-08-11)
How involved should professional developers get with citizen developer applications? Developers have known for a long time that many operating systems and applications -- particularly from the open-source space -- are 80% complete, with all the necessary supporting pieces in place. It was up to them...
Citation
Control Design: ABI Research estimates spend on simulation software will surpass $2.6 billion in 2030
Control Design (2021-08-4)
Simulation software acts as an insurance policy against costly mistakes because it enables manufacturers to understand how a product or component will behave before it’s put into use or how it will affect the production line, according to a report from ABI Research, which forecasts the manufacturer...
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Manufacturing Global: Factories of the Future: Five Manufacturing Market Trends
Manufacturing Global (2021-06-15)
s consumer-packaged goods (CPG) manufacturers strive to anticipate customer demand and optimise their processes, the latest forecasts from ABI Research indicates that overall digital factory revenue will reach US$24bn by 2030, with CPG forecasted to spend US$4bn on data and analytics services....
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GEN: CDMOs Embrace Innovative Tech to Create “Digital Threads”
GEN - Genetic Engineering & Biotech News (2021-04-13)
This trend is accelerating, according to ABI Research analyst Michael Larner, who authored a report on the CDMO sector’s digital transformation. He says CDMOs are investing in digital technologies because to work with multiple customers more effectively. “Like in the electronics markets, contract...
Citation
BioSpectrum Asia
BioSpectrum Asia (2021-03-23)
harma 4.0 concepts are taking hold in pharmaceutical manufacturing. The industry's unique characteristics are driving investments in digital transformation by pharmaceutical manufacturers. Global tech market advisory firm ABI Research forecasts that overall, digital factory revenue will top US$4.5...
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MachineDesign: Design Insights: Making the Case for DC Drives; Digital Transformation for Pharma
MachineDesign (2021-03-23)
A new report, “Industry 4.0 in the Pharmaceutical Industry” from ABI Research, reports that the pharma industry is expected to invest $4.5 million in digital factories by 2030—a 27% year-over-year growth rate. “Contract manufacturers look to digital technologies to enable them to support clients...
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Technology for You: Pharma Industry to Spend $4.5 Billion on Digital Transformation by 2030
Technology for You (2021-03-23)
While the creation, manufacture, and supply of COVID vaccines are grabbing attention, behind the scenes, pharma manufacturers are digitizing at pace Pharma 4.0 concepts are taking hold in pharmaceutical manufacturing. The industry’s unique characteristics are driving investments in digital...
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Trade Arabia: Pharma industry to spend $4.5bn on digitalisation by 2030: report
Trade Arabia (2021-03-23)
Global tech market advisory firm ABI Research forecasts that overall, digital factory revenue will top $4.5 billion in 2030 with spending by pharmaceutical manufacturers on data analytics forecast to grow by a 27 per cent CAGR and be worth $1.2 billion in 2030, as manufacturers look to track,...
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Future CIO: PLM essential to digital manufacturing future
Future CIO (2021-01-11)
ABI Research forecasts that manufacturers around the world will increase their spending on PLM software by a CAGR of 6.2% from 2020 to 2026, reaching US$5.8 billion in 2026. “Historically, engineering teams used PLM software to collaborate on new product designs. Today’s PLM software can do this and...
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Digital Engineering 247: Manufacturers to Spend $5.8 Billion on PLM Software by 2026
Digital Engineering 247 (2021-01-8)
Manufacturers worldwide will increase their spending on PLM software by a compound annual growth rate of 6.2% from 2020 to 2026, reaching US$5.8 billion in 2026, forecasts global tech market advisory firm ABI Research. “Historically, engineering teams used PLM software to collaborate on new product...
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Market Screener: Is ERP the key to post-COVID business success?
Market Screener (2021-01-4)
Michael Larner, a principal analyst at ABI Research, says: 'To mitigate supply chain risks, manufacturers should not only not source components from a single supplier but also, as COVID-19 has highlighted, shouldn't source from suppliers in a single location.' That complexity, and the need to...
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Controls Design: Smart manufacturing will surpass $32 billion by 2025 says ABI Research
Controls Design (2020-11-18)
ABI Research has published its latest whitepaper, "The 36 Transformative Technology Stats You Need to Know for 2021." According to the global tech market advisory firm, as manufacturers integrate IT and OT, they rely on Industrial IoT (IIoT) platforms dedicated to smart manufacturing to manage their...
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Manufacturing: Smart Manufacturing Revenue Will Surpass US$32bn by 2025
Manufacturing (2020-11-16)
As manufacturers integrate IT and OT, they rely on Industrial IoT (IIoT) platforms dedicated to smart manufacturing to manage their devices, connectivity, infrastructure, and data. These IIoT platforms also help manufacturers implement applications, derive insights, and deliver those insights to the...
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Future CIO: IT-OT integration will be key to smart manufacturing platforms
Future CIO (2020-11-16)
Consequently, IIoT platforms come in a variety of flavours to meet a range of needs. The most suitable definition, however, is that of an Application Enablement Platform (AEP). More than US$32 billion will be spent on these solutions annually by 2025, according to the ABI Research whitepaper, The 36...
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Tech Digest: Together with ABI Research, we highlight the main #technology predictions and stats for 2021 and beyond…
Tech Digest (2020-10-29)
In its new whitepaper, The 36 Transformative Technology Stats You Need to Know for 2021, global tech market advisory firm ABI Research highlights the lesser-known stats that illuminate the direction in which digital transformation is truly heading.
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Wall Street Journal: Pandemic to Jumpstart Spending on Data Tools at Manufacturers
Wall Street Journal (2020-06-2)
These and other benefits are expected to spur annual spending by global manufacturers on data management, analytics and other advanced capabilities to nearly $20 billion by 2026, up from roughly $5 billion this year, according to a report by information-technology research company ABI Research....
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Modern Materials Handling: Manufacturers to spend $19.8 billion on data management and analytics by 2026
Modern Materials Handling (2020-05-27)
“For many manufacturers, there is an appreciation that operational decisions need to be based on empirical evidence rather than guesswork. The challenges are not necessarily capturing and analyzing data, rather what to analyze in the first place,” explains Michael Larner, Principal Analyst at ABI...
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Electronics 360: COVID-19 reveals flaws in supply chain aggregation
Electronics 360 (2020-05-8)
China has the labor and manufacturing expertise in this area, meaning that the manufacturing of high value specialized goods such as semiconductors will remain for the time being. “A lift and shift approach won’t work because moving just one part of the value chain to say southeast Asia won’t help...
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Transport Topics: Multiple Hits to Economy Likely to Trigger Recession, Analysis Shows
Transport Topocs (2020-03-18)
While office workers can shift to home and remote locations, “it’s a different situation for manufacturers because, despite investments in automation, reducing the need for staff on assembly lines, they still need to receive raw materials,” ABI Research said in a report on the economic effects of...
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Materials Handling World: Coronavirus outbreak reveals the weakest links in the Supply Chain – The Supplier’s Supplier
Materials Handling World (2020-03-17)
he virus will have both short- and long-term ramifications for manufacturers. “Initially, plant managers and factory owners will be looking to secure supplies and be getting an appreciation of constraints further up the supply chain plus how much influence they have on their suppliers,” explains...
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Food Logistics: Study Underscores how Coronavirus Outbreak Reveals Weakest Links in the Supply Chain
Food Logistics (2020-03-17)
“Initially, plant managers and factory owners will be looking to secure supplies and getting an appreciation of constraints further up the supply chain, plus how much influence they have on their suppliers,” says Michael Larner, principal analyst at ABI Research. In the longer term, manufacturers...
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The Wall Street Journal: More Manufacturers Bet on Simulation Software
The Wall Street Journal (2020-02-21)
Within the next five years, an estimated 110,000 companies world-wide are expected to use some form of simulation software, up from 60,000 in 2018, information-technology market-research company ABI Research said in a report. Together, these manufacturers are on pace to spend more than $2.5 billion...
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Modern Materials Handling: Industrial software applications spend to top $27 billion in 2024
Modern Materials Handling (2020-02-5)
The spend in the industrial and manufacturing sector on software applications is set to grow from $18 billion in 2019 to more than $27 billion in 2024, finds global tech market advisory firm, ABI Research.
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Enterprise IoT Insights: Spending on factory data apps and analytics to rise 50% to $27bn in five years
Enterprise IoT Insights (2020-01-21)
Spending on factory data applications will grow from $18 billion in 2019 to just over $27 billion in 2024, a rise of 50 per cent in the period, according to analyst house ABI Research. The industrial and manufacturing sector is seeking to upgrade software systems as new sensing and analytics...
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