Hashtag
The Times
  • 46% of respondents believe AI, ML, simulations and analytics are best bets to boost product reliability
  • 92% expect to lose reliability experts to retirement over the next five year

LISLE, IL - Media OutReach - 15 November 2023 - Molex, a global electronics leader and connectivity innovator, today announced the results of a global reliability survey that reveals the challenges facing system architects and design engineers for hardware, including devices, when balancing growing expectations for reliability with ever-increasing product complexity, diminishing time for testing, as well as constant cost and manufacturing constraints. However, the results also demonstrate excitement for the future, largely due to opportunities associated with critical technologies, such as artificial intelligence (AI), machine learning (ML), simulations and advanced analytics.

23_TL_Reliability_Inforgraphic_PR-Image_PR Newswire (1).jpg

Equally important, 91% of the survey participants reported a strong correlation between their ability to deliver reliable products with having trusted, proven supplier relationships. To that end, 96% of the respondents have changed part suppliers due to reliability issues, with more than a quarter reporting frequent changes. Overall, these supplier relationships are becoming increasingly critical, as evidenced by 74% of respondents who believe reliability is at risk due to shortening design cycles.

"Reliability is a real 'rubber meets the road' topic with far-reaching implications across every facet of product development, manufacturing and ultimately, end-user experience," said Scott Whicker, SVP and president, Transportation Innovative Solutions, Molex. "It's so critical to pick the right partners, deploy the most effective processes, and leverage the latest data insights to accelerate the design and development of the most reliable products possible. Our latest global industry survey offers a snapshot of changing expectations for product reliability and the realities of design tradeoffs, along with growing optimism that AI and data-driven innovations will take product reliability to the next level."

Current State of Reliability

Molex commissioned Dimensional Research to survey more than 750 qualified global participants with direct or managerial responsibility for hardware design or system architecture. Respondents shared reactions to shifting reliability expectations among end users, with 54% of the participants asserting that reliability increasingly drives brand loyalty. Additionally, 52% of those polled believe customers expect devices to perform reliably under any environmental condition, including dust, water and vibration.

Most companies (64%) rely on their quality team, followed by test engineering (60%) and product development (58%), to drive reliability efforts. But in the Automotive & Transportation sector, test engineering ranked highest (71%) in ensuring products meet rigorous reliability requirements. In describing their companies' approaches to reliability, survey participants from all industries reported a tendency to overdesign products nearly twice as often as they pursue lower-cost solutions. Many stakeholders (42%) design hardware with a goal to surpass current industry certifications and standards while 44% strive to align with possible future requirements. Datacom respondents led the way with more than half (51%) working to address both present and potential future requirements. Although reliability is critical, only 18% of engineers polled develop verification and validation plans before starting product designs. The majority (44%) develop those plans in parallel to product design efforts.

Reducing Reliability Risks

In prioritizing the biggest difficulties when designing for reliability, respondents cited adequate time for testing (42%), followed by a three-way tie at 37% for supplier quality, cost or correlating design attributes to their impact on reliability. Most often, engineers prioritized cost (50%), manufacturability (46%) and user experience (35%) over reliability when making tradeoffs. In contrast, they were least likely to favor weight (35%), features (26%) and form factor/size (26%) over reliability.

Rise in AI and Data-Based Tools

Today, only 33% of the respondents use data-based models to help evaluate design tradeoffs, but that number likely will change as the survey revealed growing optimism in the role of data to elevate reliability. Looking ahead, almost half of the respondents (46%) listed AI, ML, simulations and data analytics innovations as the best overall bets for improving the reliability of future electronics products. In fact, 83% of those polled are optimistic about AI's potential to improve product reliability. In ranking AI use cases, respondents noted the ability to identify and predict failures (43%), optimize designs for reliability (31%), execute more complete verification and validation simulations (31%), as well as build better test plans and models (29%).

Workforce Dynamics Expected to Increase Concerns

Within five years, more than half of those surveyed (51%) predict experience will become more important in understanding product complexity, yet 92% expect to lose their experts to retirement. While 83% of the participants expect this loss of critical engineering expertise to create risk across employee satisfaction, brand reputation and even cause lost revenue, only 39% have a plan in place to mitigate associated risks.

Global Consensus on Reliability

On a global scale, engineering experts agreed on the biggest impacts on reliability, with participants from the Americas reporting the most optimism for AI to improve product reliability within five years. European survey respondents were most bullish on using AI to identify and predict failures. Additionally, survey results among participants throughout the APAC region demonstrated the greatest awareness of the potential risks of losing key individuals with deep reliability expertise.

Hashtag: #Molex

The issuer is solely responsible for the content of this announcement.

About Molex

Molex is a global electronics leader committed to making the world a better, more-connected place. With presence in more than 40 countries, Molex enables transformative technology innovation in the automotive, data center, industrial automation, healthcare, 5G, cloud and consumer device industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life. For more information, visit .

When Should You Remove a Tree Instead of Pruning It? A Practical Guide for Australian Property Owners

Trees are one of Australia's greatest natural assets. They provide shade during scorching summers, improve air quality, create hab...

Why More Businesses Are Choosing Epoxy Flooring

Commercial flooring does much more than provide a surface to walk on. In busy workplaces, the right flooring contributes to safe...

Top Agencies Using AI to Improve Search Visibility for Australian Brands

NP Digital Australia applies machine learning to ranking forecasting, content gap identification, and AI citation building, pr...

The Growing Demand For Cosmetic and Skin Clinic Treatments In Australia

Modern skincare is no longer limited to basic facials and over-the-counter creams. Today, more people are turning to professional ...

Research Shows This One Household Appliance Can Slash Power Bills by $12,000 in Its Lifetime

Homeowners are on the lookout for effective ways to manage their monthly expenses because prices are rising across the board. With...

Comfort vs Performance – How to Choose an Off Road Caravan

With so many brands of hybrid caravans and different features available, it’s hard to know which one will have everything you’re a...

IN THE NEWS

Wells Home Café launches the First 2-in-1 Solution for Coffee and Tea

SINGAPORE - Media OutReach Newswire - 6 March 2025 - Wells Singapore is proud to introduce the Wells Ho.

Leading the Way: Singapore's Exceptional Achievements at the ACES Awards 2024

BANGKOK, THAILAND - Media OutReach Newswire – 23 December 2024 - At the ACES Awards 2024, Singaporean co.

7 Most Popular Cryptocurrencies in Online Gambling

Today, there are so many betting options you can choose from when it comes to online gambling. There’s po.

Australia to get a good look at India before T20 World Cup

With the T20 World Cup pushed back to 2021, Australia are looking to put in the groundwork now as t.

MoneyHero Group Reports First Quarter 2024 Results

First quarter revenue of US$22.2 million, up 24% Year-Over-Year SINGAPORE - Media OutReach Newswire - 25.

A Meeting with Beauty in Horqin Right Wing Middle Banner of Hinggan League

HINGGAN LEAGUE, CHINA - Media OutReach Newswire - 23 September 2024 -On September 20, with the theme of .

Health & Wellness

What Do Clinical Teams Need from Their Surgical Supply Partners?

Hashtag.net.au - avatar Hashtag.net.au

In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...

The Growing Focus on Communication Development in Children

Hashtag.net.au - avatar Hashtag.net.au

The early developmental years of a child's life represent a critical window for neurological growth, behavioural shaping, and language acquisition. During this formative phase, the ability to interpre...

Looking for a Family Dentist in Sydney? Here's What To Consider

Hashtag.net.au - avatar Hashtag.net.au

Finding the right family dentist in Sydney is one of the most important health decisions you can make for your household. With hundreds of practices spread across the city — from Beecroft to Bondi, Pa...

hacklink hack forum hacklink film izle hacklink mix parlaydeneme bonusu veren siteler 2026non gamstop casinoscasino sitesonline casinoonline casinoonline casinosonline casino australiaroyal reelsroyal reels casino australiaroyalreels.pokerbetpipopusulabetthe pokies casinoz.library idjojobetสล็อตสล็อตroyal reels casinograndpashabetstakebetpipo-ensonadres.comGalabetjojobetsakarya escortbetasusPadişahbetjojobetjojobetholiganbetvipparkHitbetDizipalPadişahbetgrandpashabetjojobetGalabet Girişcasibomgrandpashabet