The global market for artificial intelligence (AI) in manufacturing is valued at $3.2 billion in 2023 and is poised to grow to $20.8 billion by 2028. Used wisely, AI can help manufacturers solve many of their most intractable issues, including supply chain issues that have frustrated companies and their customers since the pandemic.
manufacturing
The CPPA is Investigating Connected Automobiles
By Robinson+Cole's Data Privacy + Cybersecurity Team on
Posted in Data Privacy
The California Privacy Protection Agency’s (CPPA) Enforcement Division is conducting a review of data privacy practices by connected vehicle manufacturers and related technologies. The CPPA, which was established by the 2018 California Privacy Rights Act, has been primarily focused on developing regulations. This investigation marks its first significant enforcement effort.
Connected vehicles, with features like…
Business Email Compromises Bilking U.S. Companies Out of $301M Per Month
By Linn Foster Freedman on
Posted in New + Now
The United States Treasury Department came out with a report last week that concludes that business email compromises (BEC) are costing U.S. companies more than $301 million per month. The report confirms that the two industries hit the hardest by these scams are manufacturing and construction.
The report, issued by the Treasury Department’s Financial…
The Drone Market Environment – Disruption in 2018
By Kathryn Rattigan on
Posted in Drones
It seems impossible to stay on top of all the major changes that are going on in the drone industry, so here’s a list of some trends to keep a close eye on this year:
For Platform Manufacturers:
- Lots of consolidation is happening–mergers, acquisitions, drop-outs and market focus changes.
- Trends towards strong specialization–agriculture, delivery
…
Cybersecurity Risks to the Manufacturing Sector
By Linn Foster Freedman on
Posted in Cybersecurity
The 2016 Manufacturing Report by Sikich finds that there has been a progressive growth in cyber-attacks in the manufacturing sector. This is consistent with the most recent IBM/X-Force Research 2016 Cyber Security Intelligence Index, which notes that the manufacturing industry represents the second most attacked industry, just behind health care.
Manufacturing companies often don’t believe…