NORTHBROOK, Ill., May 3, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, released findings from its survey of 300 global manufacturing executives today. The report, The Power And Promise of 5G Integration For Manufacturers, reveals that 5G private networks are most effective when integrated with other technologies associated with digital transformation, such as artificial intelligence (AI) and the Internet of Things (IoT).
"The evidence from this study strengthens the argument that the power of 5G can be fully harnessed when integrated with other advanced technologies and innovations. A comprehensive approach to technology integration that combines 5G with technologies like edge computing, cloud computing, IoT, and AI can lead to significant benefits for manufacturers," says Maan Ghanma, director of Smart Solutions in the Consumer, Medical and Information group at UL Solutions.
The findings are based on the survey of 300 executives and insights from senior managers and executives, including those from Siemens, GE, AT&T, Audi, ABB and Bosch. Among the highlights:
"5G networks are a fundamental part of industrial transformation that will accelerate changes to manufacturing and open up a wide range of business opportunities, as well as some new challenges," says Nigel Holloway, editorial director of Newsweek Vantage.
The survey was conducted for UL Solutions by Newsweek Vantage in the Americas, Europe and Asia in September 2022. Two-thirds of the 300 respondents are C-level executives (60%), board members (7%) and vice presidents and above (33%) of a manufacturing company. Functions represented in the survey include information technology (66%), general management (22%) and 15% each in operations and supply chain management. Major sectors represented include electronics equipment (35%), automotive (25%) and industrial equipment (24%).
Learn more about The Power And Promise of 5G Integration For Manufacturers.
About UL SolutionsA global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers' products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.
Press contact: Steven Brewster UL Solutions ULNews@UL.com T: +1 (847) 664.8425
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