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EN feb17 Digi5

What kind of automation do you plan to invest in? Robotics Additive manufacturing Connectivity ie. LoT. Materials handling Logistics none 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% What industries the respondents compete in 95% of organisations expect a full return on investment " on an automation solution after 12 to 24 months ” World Leading Collaborative Robots High Performance Industrial Robots www.engineeringnews.co.nz 29 Industrial manufacturing Health/ medical Food processing Textiles Engineering Retail Agriculture Other Design Energy ‘The Robot People’ Robots | Turn-key Solutions | Design Production Solutions for SMEs 0508 www.designenergy.co.nz ROBOTS (762 687) EN135 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% considered essential in order to compete both on a regional and international level,” says Shermine Gotfredsen, general manager, Universal Robots, Southeast Asia & Oceania. While the vast majority of Australian manufacturers are confident in their business growth and plan to invest in automation, the research also indicated that a lack of funds and information available continue to be a barrier to achieving innovation. The top five barriers to innovation were identified as a lack of budget, inability to raise funds, lack of knowledge of what products are available, unsure where to start and too busy with day-to-day operations. “The uptake of automation in the ANZ (Australia and New Zealand) market has not yet reached the scale of adoption of Asian neighbours. As our research shows, a lack of information and awareness of available automation options is still a significant hindrance to Australian and New Zealand manufacturers achieving greater levels of innovation. Local industry players are not widely informed of where they can find information and help with their automation and business needs,” says Mr Gotfredsen.  Over 80% of business are either confident or extremely confident about sales in the coming year. This is despite of a clear lack of confidence in the Australian Government’s management of the manufacturing sector of the economy, with 83% of respondents identifying it as being either managed either poorly or not very well. To fund automation, the majority of manufacturers (63%) rely on cash reserves, followed by asset finance (29%) and either a business growth fund or state aid/grant (23%) while 95% of organisations expect a full return on investment on an automation solution after 12 to 24 months.


EN feb17 Digi5
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