The Times Australia
Google AI
News From Asia

.

Digitalization is creating new technology jobs in industries, new Schneider Electric report shows

  • 45% of companies surveyed say digitalization will be key to industrial shop floor job creation
  • 70% believe that digitalization will help tackle talent shortages
  • Increasing sustainability requirements in industries extending job roles in the plant

HONG KONG SAR - Media OutReach Newswire - 19 December 2023 - New research from Schneider Electric, the leader in the digital transformation of energy management and automation, has revealed that almost half (45%) of industrial companies believe digitalization will be the primary reason that new operational technology (OT) job roles will be created in the next three years.

The research, commissioned by Schneider Electric and carried out by global research leader Omdia, polled 407 industrial companies ranging from small and medium enterprises to large companies across western Europe (UK, Germany, France, Italy, Spain, Denmark and Sweden), the US, China, India, and Southeast Asia (Vietnam, Thailand and the Philippines). The study highlighted the scale of the global industrial skills crisis, with talent acquisition a key challenge for more than half of those surveyed (52%).

However, it also identified the cure for this problem. Alongside job creation, over two-thirds (70%) of those surveyed agree that digitalization will help to tackle talent shortages, highlighting the potential of digital tools to deliver more than just productivity and efficiency.

While the skills crisis rages, the industrial workplace is undergoing rapid change. Sustainability goals and advanced technologies, such as Artificial Intelligence (AI) and digital twins, are becoming further integrated into the workforce. The research found that 45% and 47% respectively believe that the increasing requirements of industrial companies to meet environmental and social sustainability goals will require a significant extension of existing job roles in the plant.

"Digitalization doesn't just benefit productivity and overall efficiency. It's vital for solving some of the people-centric challenges facing industrial businesses," said Ali Haj Fraj, Senior Vice President, Digital Factory, Industrial Automation at Schneider Electric. "There's a real opportunity for industrial enterprises to optimize and enhance OT roles. By reducing the time spent on administrative tasks and enabling people to better fulfil their potential, we can solve many of the key challenges facing these businesses and help build a more sustainable future."

The future of work in operational roles
The survey found that over half of respondents (52%) consider talent acquisition and retention to be a challenge, but one that can be overcome, showing that a level of optimism is shared among industrial businesses around overcoming workforce challenges.

Three in five (60%) believe OT roles will change in the next three years, either moderately (41%) or significantly (19%). Furthermore, a large majority (73%) agree that digitalization will substantially change the nature of work in the next three years. Three in ten (31%) consider quality-control roles to be most significantly augmented or enhanced by digitalization.

The survey also found that in the next three years industrial companies expect new skills will be required in areas like robotics programming and integration (49% of the respondents say they have no or insufficient skills in this area) and data processing, visualization, and analytics (on average more than 30% have no or insufficient skills in these areas). While respondents say they are prioritizing investment in data processing, visualization, and analytics, robotics programming and integration is indicated as only a medium priority for almost half of those surveyed. A key recommendation from the research is thus for industrial companies to work with partners across the industrial ecosystem who can help meet technology skills deficits with solutions, training, and other capabilities to prepare their workforce for the future.

"The changing nature of the industrial workforce is, and will increasingly, necessitate investment in digitalization to empower staff and improve productivity and efficiency," said Alex West, Senior Principal Analyst, Industrial IoT and Sustainability at Omdia. "If they don't, the broader and more serious longer-term impact will be on innovation and an inability to mitigate talent shortages."

The full report, entitled The Future of Work in Industry, can be accessed here.

Related resources:


Hashtag: #IndustriesOfTheFuture #NextGenAutomation #FutureOfWork #MakeItForLife

The issuer is solely responsible for the content of this announcement.

About Schneider Electric

Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.


Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation
on .

Times Magazine

Epson launches ELPCS01 mobile projector cart

Designed for the EB-810E[1] projector and provides easy setup for portable displays in flexible ...

Governance Models for Headless CMS in Large Organizations

Where headless CMS is adopted by large enterprises, governance is the single most crucial factor d...

Narwal Freo Z10 Robotic Vacuum and Mop Cleaner

Narwal Freo Z10 Robotic Vacuum and Mop Cleaner  Rating: ★★★★☆ (4.4/5) Category: Premium Robot ...

Shark launches SteamSpot - the shortcut for everyday floor mess

Shark introduces the Shark SteamSpot Steam Mop, a lightweight steam mop designed to make everyda...

Game Together, Stay Together: Logitech G Reveals Gaming Couples Enjoy Higher Relationship Satisfaction

With Valentine’s Day right around the corner, many lovebirds across Australia are planning for the m...

AI threatens to eat business software – and it could change the way we work

In recent weeks, a range of large “software-as-a-service” companies, including Salesforce[1], Se...

The Times Features

Why Farrer is a key test for One Nation vs the Coalition

The Farrer by-election[1] on May 9 will be a major test for new Liberal leader Angus Taylor and ...

Leader of The Nationals Senator Matt Canavan Rockhampton press conference

Well thank you ladies and gentlemen. Thank you for coming out, this morning and thank you very muc...

Chester to elevate food security issue in Canberra

Elevating the issue of food and fibre security to a matter of national importance will be the prim...

Interior Design Ideas for Open Plan Living Spaces

Open plan living has become one of the most popular layout choices in modern homes. By removing wa...

Matt Canavan is keen on income splitting. Here’s what it would mean for couples

Newly elected Nationals leader Matt Canavan has proposed[1] allowing couples with dependent chil...

Custom Homes vs Project Homes: What’s the Difference?

When building a new home, one of the first and most important decisions you’ll make is whether to ...

Tech companies are blaming massive layoffs on AI. What’s really going on?

In the past few months, a wave of tech corporations have announced significant staff cuts and ...

Berry NSW strikes a new chord as jazz and blues take over the village

Berry NSW will come alive with live blues and jazz performances across multiple venues on Thursday...

Limited-edition gin raises funds for the Easter Bilby

A new limited-edition gin from Brisbane craft distillery BY.ARTISANS is helping support the conserva...