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The 2021 global chip shortage bears testimony that the industry’s perceived capabilities have fallen short on reaping the full potential of digital transformation and automation.
It is no secret technology keeps advancing. Today, it seems to do so at an accelerated pace with a level of innovation that is nothing short of spectacular! These advances have created new opportunities for manufacturers to explore new ways to increase productivity. At the same time, these technologies have opened up greater global competition, which is now placing new pressure to be more creative with how work gets done.