Industrial Technology Inaugural Quarterly Update, Second Half 2023
Bridgepoint’s inaugural Industrial Technology report takes aim at a persistent problem that has emerged in the U.S. manufacturing industry—labor! For decades, the U.S. manufacturing ecosystem over-relied on the Asian continent for cheap labor and has deferred technological investment domestically, among others. This has left U.S. susceptible to the types of shocks that Covid imposed.
In this report we analyze the causes of the situation, the depth of the problem as it exists today, empirical evidence from the Automate 2023 show to illustrate strategies and investment opportunities that will be critical to a successful path forward.