Siemens has presented its vision for process automation to ARC analysts, highlighting challenges facing the process industry. These include the need to identify and source alternative feedstocks while improving the efficient use of energy and resources, changing customer requirements, and legacy automation systems hampering integration of advanced technologies. Additionally, the industry faces labor shortages and increased cybersecurity threats and regulatory requirements. Siemens Process Automation CEO Axel Lorenz highlighted the need for smart manufacturing solutions to address these challenges. The company focuses on the following key technologies to shape the future of process automation.
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