A new Conexus Indiana study shows that more than 40 percent of Indiana advanced manufacturers surveyed have successfully implemented or piloted an Industry 4.0 technology, more than double the figure from a similar study in 2020. Study results also confirmed the impact of the Indiana Manufacturing Readiness Grants program with 94 percent reporting that the grant enabled, accelerated or expanded their tech adoption project.
The study, “The First Signpost on the Road from Early Adoption to Widespread Application of Industry 4.0 Technologies,” is a critical review of Indiana advanced manufacturing and logistics companies’ path toward integration of digital technologies, such as the Internet of Things (IoT), cloud computing and analytics, and artificial intelligence and machine learning, into company-wide operations and manufacturing processes.
Conexus Indiana partnered with the Indiana University Kelley School of Business Center for Excellence in Manufacturing to survey nearly 140 companies.
