New Report from NIST!! “The Economic Impact of Technology Infrastructure for Smart Manufacturing”

The Economic Impact of Technology Infrastructure for Smart Manufacturing

 

Smart Manufacturing Gary Anderson (gary.anderson@nist.gov)
Technology Partnerships Office, Innovation & Industry Services

October 2016

 

Key Findings

  • Novel smart manufacturing technology infrastructure would save manufacturers $57.4 billion annually.
  • Barriers to innovation increase the cost of smart manufacturing R&D, weaken private investment incentives, and magnify the role of public institutions.
  • Overcoming critical technical barriers may require investments in public-private manufacturing consortia.
  • Small enterprises face significant barriers to adoption of smart manufacturing technology.

The full report may be found here:

http://nvlpubs.nist.gov/nistpubs/eab/NIST.EAB.4.pdf