Digital Factory Transformation Download
Digital factories: New drivers meet new challenges
Production and manufacturing are facing an unprecedented crisis and are therefore increasingly investing in the flexibility and resilience of their business. The digital transformation plays a key role in this. Find out now what the digital pioneers in P&M are doing differently, and which blueprint you can follow on your way.
The COVID 19 pandemic has disrupted established supply chains worldwide. The war in Eastern Europe has further exacerbated the situation. Scarce raw materials mean higher material costs and lower yields. The future is uncertain. Digital transformation is therefore increasingly becoming a beacon of hope. Instead of cost reduction and efficiency, companies increasingly focus their efforts on flexibility, resilience, and sustainability. Investments are correspondingly high.
Our study shows that industrial companies worldwide invest more than $1.1 trillion in digital transformation solutions every year. But how far along is the industry in actually implementing its goals? How do the returns of digital champions differ from the rest of the industry? And what are specific best practices and use cases? Our study answers the key questions.
Over $1.1 trillion
are invested annually in the digital transformation of production and manufacturing
of the surveyed companies are still at the beginning of their transformation