Market Insight: 10 Predictions For Industrial Technologies In 2024

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Executive Summary

In this report, we explore the key trends that will impact the operational excellence technology market in 2024, building on our research over the last year. The report addresses the top 10 major developments that are expected to influence the industrial automation market over the next 12 months. These encompass many of the disrupting factors in this space, including the ongoing repercussions of the supply chain crisis, the escalating imperative of achieving net zero targets and the burgeoning AI revolution. What will operations executives’ key objectives be in 2024? Which technology areas will see strong levels of investment? How are industrial organizations approaching the energy transition?

Table of contents

10 predictions for operational excellence technology in 2024

About the authors

Henry Kirkman

Henry is an Analyst in the Verdantix Operational Excellence practice. His current research agenda focuses on connected worker solutions, technologies for industrial asset maintenance, and the industrial applications of AI, including generative AI and computer vision. Prior to joining Verdantix, Henry completed a Masters degree in Civil Engineering at the University of Exeter.

Malavika Tohani

Research Director, Operational Excellence
Malavika leads the Verdantix Operational Excellence practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins and software solutions for industrial risk and asset management. Malavika has over 15 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

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