Rockwell Automation Reveals New Study on Cybersecurity Concerns in Automotive Space
Rockwell Automation has recently published the results of the 9th annual 'State of Smart Manufacturing Report: Automotive Edition.'
June 21, 2024. By Aishwarya
The study encompasses the responses of 182 leaders from automotive manufacturers, automotive supply manufacturers, and electric vehicle manufacturers across 15 of the leading manufacturing countries, including India.
This year’s report emphasizes the evolution of the automotive industry, revealing a focus on harnessing emergent technology to reduce risk, generate growth, and maximize workforce potential. Automotive manufacturers are acutely aware of the industry's evolution in the era of Industry 4.0, particularly as cyberattacks resulted in USD 1.99 billion in system downtime costs in the first half of 2023 alone.
Dilip Sawhney, Managing Director, Rockwell Automation India, said, " In the age of Industry 4.0, cybersecurity is emerging as the major concern for automotive manufacturers, which underscores industry's heightened recognition of digital threats and the urgent need for robust cybersecurity measures.”
“As the Indian automotive sector shifts towards electric vehicles, manufacturers need to adopt smart technologies to improve resilience, reduce waste, optimize production, and drive growth, in a sustainable way. At Rockwell Automation, we are committed to assisting the Indian automotive sector in overcoming these challenges by offering innovative solutions that enhance security, drive growth, and foster sustainability,” added Dilip.
Automotive manufacturers are focusing on strategies that prioritize workforce retention, upskilling, and engagement. Technologies such as smart manufacturing and automation, which complement and augment the value brought by their employees, are key to driving positive business outcomes.
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