COVID-19's Impact on Manufacturing Infographic
The industrial manufacturing sector has been rocked by the impact of COVID-19 on their operations. In April 2020, Canvass surveyed 100 manufacturers to understand the impact of COVID-19 on their manufacturing operations. Our survey found that by March 2020, 88% of manufacturing operations were impacted by COVID-19 restrictions. Outside of the immediate health and safety concerns, the survey respondents said that these restrictions lead to:
- 54% said physical presence on operations floors decreased or significantly decreased
- 54% said operating costs increased or significantly increased
- 43% said operational effectiveness decreased or significantly decreased
Operating during the Coronavirus pandemic, survey respondents believe that AI would have helped to sustain their operations and 68% will now invest in AI within the next two years.
Check out our free infographic on COVID-19’s impact on manufacturing operations to learn more about why manufacturers believe AI is the new way of working.