[WRE | ADVISOR]


The Association of Equipment Manufacturers is a primary sponsor of ConExpo-Con/AGG. The main entrance to the 2017 event is show here. The show returns to Las Vegas on March 10-14, 2020.


reality differs in the sense that its users are required to be at a specific location to augment their experience of reality, while those who use virtual reality are completely immersed in a virtual world. According to an article from PwC, manufacturers


are becoming more adept at finding ways to incorporate these technologies within their organizations in an effort to drive a future defined by digital connectivity. And, says PwC, one in three manufacturers have adopted – or will adopt – virtual reality and augmented reality in the next three years.


CYBERSECURITY Te importance of cybersecurity in manufacturing cannot be overstated. More and more connected devices are being integrated into organizational processes each day, so it almost goes without saying that the manufacturing industry needs to develop a keen understanding of how to best deal with them. As the industry becomes more connected with time, equipment manufacturers and their customers will be impacted in a number of ways. For example, even the simple act of charging a mobile device in a nearby USB port may lead to dire consequences. As a result, companies must be diligent in their efforts to educate employees on the potential consequences of their cyberactivities.


32 JANUARY–FEBRUARY 2020 WIRE ROPE EXCHANGE


Te ability for a manufacturer to effectively protect itself today hinges upon its willingness to take the following two key steps: address organizational concerns and implement a clear and effective cybersecurity strategy. Cybersecurity is – and will – remain a major concern for companies of all types and sizes. With malware attacks on the rise and many organizations having been negatively affected by the increased prevalence of ransomware, companies (both literally and figuratively) can’t afford to overlook cybersecurity as a top priority in 2020 and beyond. Looking for more information about the latest


trends and technologies impacting the manufacturing industry in 2020 and beyond? Visit www.aem.org/think to learn much more. y


AEM (Association of Equipment Manufacturers) is the North America-based international trade group representing off-road equipment manufacturers and suppliers with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. Te equipment manufacturing industry in the United States supports 1.3 million jobs and contributes roughly $159 billion to the economy every year.


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