GlobalData has released a comprehensive Future of Work report. This foresight report presents the dominant themes behind these disruptive forces that will transform economic sectors in the years ahead. Yet the report identifies automation as a central piece to its future work framework. It foresees a profound change in the nature of work due to automation across numerous sectors. As organizations adapt to changing demographics and technological advancements, automation will emerge as a key player in enhancing productivity and efficiency.
The state’s “Future of Work” report identifies automation as one of five key pillars. Automated systems have never been more critical for addressing these workforce challenges. This trend is noteworthy particularly as the global labor force is rapidly aging. Warehousing, healthcare, and retail in particular will have robots conducting more duties, the report stresses. For many of these organizations, this change will tremendously improve their day-to-day abilities to operate.
Sector-Specific Insights
GlobalData’s analysis goes deeper than just overall `automation’ trends with heavy sector-specific reports. These reports are rich snapshots that cover dozens of industries. They walk you through industries like Retail and Apparel, Aerospace and Defense, Banking and Payments, Oil and Gas, Power, Travel and Tourism, Construction, Automotive, Mining, Agribusiness, Film and TV. Each sector has specific challenges that automation is in a position to resolve.
For instance, the “Future of Work in Oil & Gas” report highlights how integrating automation technologies can significantly improve health and safety standards.
“Integrating automation technologies can significantly improve health and safety in a notoriously hazardous industry. In remote and offshore locations, robotics and drones can mitigate risks associated with heights, accessing equipment, and exposure to toxic chemicals and gases.” – “Future of Work in Oil & Gas” report
The findings paint a picture of how automation goes beyond making operations more efficient to protecting workers by removing them from hazardous environments.
Enhanced Productivity Through Automation
The impact of automation goes beyond safety to include operational efficiency, too. The report explains how fully automated systems have been around for decades, running nonstop, creating higher productivity and lower costs.
“Fully automated systems operate continuously, leading to increased productivity and cost savings. Automation enables real-time monitoring and control from a centralized location, supporting remote asset management. This not only improves operational visibility but also facilitates prompt decision-making and intervention in case of emergencies or anomalies.” – “The report”
These kinds of capabilities help private sector companies react quickly to day-to-data changes, helping them make better, faster decisions.
As industries continue to adapt to an ever-changing world of work, the importance of these findings cannot be overstated. This move toward automation exemplifies a fast-growing trend to use technology to augment labor constraints and provide better performance overall.