Modern Australian
Men's Weekly

.

Molex Reveals Global State of Reliability and Hardware Design Survey Results

  • More than half of the survey participants assert that reliability drives brand loyalty
  • Top reliability challenges include adequate time for testing, supplier quality, cost and correlation of product design attributes to their impact on reliability
  • 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 .

Hidden Costs of Moving You Need to Budget For (And How to Avoid Them)

Moving house ranks among life's most busy experiences, and discovering unexpected expenses along the way certainly doesn't help with stress levels. Wh...

Understanding Australian Building Regulations: What Every Mornington Builder Wants You to Know

If you live on the Mornington Peninsula, you likely already feel the risk of bushfires,hot, dry summers, nearby bushland, and epic wind events. That...

Top 5 Home Exercises Recommended by Chiropractors for Better Posture

In today’s world of endless screen time and back-to-back Zoom meetings, it’s no surprise that posture-related issues are on the rise. From achin...

Simple Home Exercises to Manage Chronic Pain and Improve Mobility

Living with chronic pain doesn’t have to mean a life of limitation. Many people struggling with persistent discomfort find themselves moving less...

Smart Renovation Tips for a Sleek, Low-Maintenance Interior

In a world where time is tight and stress is high, our homes should feel like a refuge not another to-do list. That’s why smart renovations are tr...

Stay Cool in Queensland: The Complete Guide to Choosing the Right Air Conditioner

Introduction Queensland’s warm, humid climate makes a reliable air conditioning system an essential part of daily life. Whether you’re creating a...

Proving Partner Visas with Lawyers and Solid Evidence

You’re ready to build a life with your partner in Australia but the visa process quickly turns something personal into something official. Suddenl...

The History and Philosophy Behind Osteopathic Medicine

Osteopathy is more than just a hands-on approach to relieving pain—it’s a holistic health philosophy with roots in history, science, and a deep ...

Common Bathroom Renovation Mistakes and How to Avoid Them

Renovating a bathroom can be one of the most rewarding home improvement projects, offering both enhanced functionality and a fresh aesthetic. Howeve...

5 Simple Home Modifications to Support Occupational Therapy Goals

Every year, thousands of Australians face mobility challenges, chronic pain, or sensory issues that make daily tasks difficult. Simple changes at ho...

The Cost of Converting a Shipping Container into a Liveable Space

Container conversions often require more planning and labour than expected Early costs include foundations, framing, and structural reinforceme...

Marriage Celebrant for Modern Lovers Who Want Something Different

Many couples today feel pressure to follow the same wedding traditions their parents or grandparents did. They might sit through long ceremonies that ...

Why Everyone’s Signing Up for Fitstop’s 6-Week Challenge (Again)

Hint: It’s not just for the gains. Somewhere between the endless TikTok fitness hacks and the unrealistic “30-day shred” promises, we forgot ...

The Mental & Financial Benefits of Minimalist Caravan Travel

Minimalist caravan travel has grown in popularity, not just for its practical appeal but also for the sense of freedom it brings. With the rise of c...

Sydney Property Lawyers: Your Complete Guide to Smooth Transactions

Navigating the Sydney property market can feel like traversing a minefield, can't it? The process, laden with legal jargon and complex procedures, o...

Electrician Perth: Your Go-To Guide for Home Electrical Safety

When it comes to keeping your home safe and sound, electricity is something you simply can't afford to ignore. Faulty wiring, outdated switchboards...

Why More Homes and Businesses Are Choosing an Electric Sliding Door

Convenience, aesthetics, and technology often go hand in hand when it comes to architectural choices. One solution that delivers all three is the el...

Real Estate Rubbish Removal That Keeps Properties Market-Ready

When it comes to real estate, presentation is everything. Whether it’s a property for rent or sale, first impressions count. Cluttered backyards, ...