Complexity, regulation draining for global engineers: IHS study
Faster design cycles and fewer engineers mean a more challenging environment.
A new study released by the global business information firm IHS finds that the increasing pace of global engineering projects and the shorter time to complete them is putting increasing strains on projects.
More than 2,100 engineers completed the IHS study, “The Pulse of Engineering: The Changing Work Environment for Engineers Today.” The pulse, the study concluded, is getting faster and more complex at the same time.
“The report details the demands that engineers from around the world face from increasingly complex designs, shorter design cycles, and mounting environmental regulations,” IHS said in a press release announcing the survey. IHS is a content partner of CFE Media.
Among the study findings:
- 52% of respondents said the pace of engineering is accelerating, and 57% said they are asked to do more with less.
- Almost 70% said that constraints on resources, specialized knowledge, budgets, and time were jeopardizing productivity, product quality, and innovation.
- Designing and developing environmentally sustainable products was cited by more than 90% of respondents as an important part of their work.
“The research offered an opportunity to validate what many people already think is true about the profession, and to uncover information about market dynamics and industry trends that otherwise might not be apparent,” said David Wagman, editorial director for IHS Engineering360, the world’s largest online destination for engineers.
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
- Survey Prize Winners
- CFE Edu
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey