Automation suppliers are relying more on AI and sustainability to drive growth
There’s a growing significance of software and AI in industrial automation, according to Control, emphasizing how machine builders and controls engineers must now navigate advancements in edge computing, cloud architecture and AI-driven predictive maintenance.
In Control’s annual list of top 50 automation suppliers, ARC Advisory Group analyzed the trends that most affected vendors in 2023.
Vendors are increasingly merging hardware with advanced software, as demonstrated by key acquisitions like Emerson's purchase of National Instruments and Schneider Electric’s full ownership of Aveva. For machinery builders, understanding the role of industrial AI and leveraging cloud-based systems will be essential for staying competitive and delivering enhanced lifecycle services.
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