The money is on automation, UR survey says

Up to 75 per cent of Australian manufacturers plan to invest in automation down the road, according to a new survey.

The new Universal Robots (UR) survey canvassed views from across the Australian manufacturing sector including the Australian Manufacturers Forum, the Australian Furniture Association Industry Forum, the First 500 group of SME business owners, the Australian Advanced Manufacturing Council.

57 per cent plan to invest in robotic solutions in future, 36 per cent of people plan to invest in automation via materials handling, a quarter of respondents plan to spend on iot and 20 per cent will spend on logistics.

Major reasons for the interest in automation include: improving business efficiency, reducing production time, improving quality, reducing staff costs and freeing up staff to work on value add tasks, as well as to satisfy growing orders.

Shermine Gotfredsen, general manager, Universal Robots, Southeast Asia & Oceania said that automation is now essential.

“In the face of high local labour costs and the need to drive efficiencies, automating processes is now considered essential in order to compete both on a regional and international level,” Ms Gotfredsen said.

The survey also introduced a number of barriers to investing in automation including 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 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” said Ms Gotfredsen.