Smart Industry Rising: Automation, AI and the Next Growth Wave

Industrial automation is entering a new phase. What was once focused primarily on improving efficiency is now playing a critical role in helping manufacturers and process industries build resilience, achieve sustainability goals and remain competitive in an increasingly complex global market. From artificial intelligence and digital twins to private 5G networks and predictive analytics, emerging technologies are transforming how industrial operations are monitored, managed and optimised. At the same time, businesses are navigating challenges such as stricter environmental regulations, skills shortages and evolving supply chains, all while seeking new opportunities for growth. In this episode, host Dave Howell explores the key trends shaping the future of industrial automation and digital transformation. The discussion examines how organisations are adopting advanced technologies, the impact of consolidation across the automation sector and what the next decade could hold for manufacturers, energy providers and process industries worldwide. Joining the podcast are Florian Funke and Harpreet Singh, Partners at L.E.K. Consulting. Drawing on their extensive experience advising clients across industrial manufacturing, energy, transportation, logistics, industrial technology and business services, they share insights into the market forces, investment trends and innovation strategies driving the next wave of industrial growth. Tune in to discover how automation is moving beyond efficiency to become a strategic enabler of resilience, sustainability and long-term business success.