“Trusted data in context is the foundation of the future; it is the foundation of industrial AI,” said Caspar Herzberg, CEO, AVEVA.
“Our view of the world over the next five to 10 to 15 years is as follows: We believe that industrial manufacturing and critical infrastructure is going to continue to grow through fairly dramatic transformation, ushered in by huge market forces and market dynamics, geopolitical uncertainties, supply chains, energy transition, sustainability, as well as the vortex of interesting new technologies such as cloud computing, edge, AI (generative AI for example),” said Rob McGreevy, chief product officer, AVEVA.
Advanced, Multi-materials: A significant innovation in additive manufacturing lies in the expansion and diversification of the materials used in the 3D printing process. Beyond traditional plastics and metals, recent advancements have allowed manufacturers to create products with improved properties and functionalities.
“You can see that there’s a demographic shift in industry and it’s happening in the engineering community as well,” said Stephanie Holko, director of project development at NGen Canada.
Roughly half of the survey respondents were over the age of 50 and only a quarter were under the age of 35. Seventy-eight percent were men and they were mostly educated in Canada, and 29% of employed engineers and engineering graduates were between 50 and 64.
of employed engineers and engineering graduates were between 50 and 64, suggesting an imminent wave of retirement.
of respondents were not employed as engineers. Some worked in related fields, while others had left the profession altogether.
of respondents were unsure about, or disagreed, that the field is in touch with the needs of new engineering graduates.
of female respondents were currently employed in a related field, but not licensed as engineers.
There are struggles to fill and retain manufacturing positions today, and the longevity of most people in engineering needs to improve. From the skills gap to the changing perception of manufacturing to an aging workforce to global competition and outsourcing—the manufacturing sector will require effort from its stakeholders to address the challenges associated with employee longevity.
Motivated and empowered employees can lead to continuity and stability, reducing high turnover that disrupts workflow, increases training costs and creates an overall negative work environment. Long-term experienced employees, on the other hand, can provide mentorship and guidance, contributing to overall team cohesion, performance and higher retention stats.