The slow pace of digitization was tracked in a survey of 600 executives published by Parsec Automation. The survey found that only about one-third (32%) say they have completed their digital transformation initiatives. Only about one in three manufacturers have completed their digitalization initiatives, a recent survey finds. This means lagging progress on a range of real-time initiatives, from Industry 4.0 – the interconnectivity of manufacturing networks – to supply-chain visibility and intelligent factory operations. The slow pace of digitization was tracked in a survey of 600 executives published by Parsec Automation, which shows that 76% of manufacturers across North America and Europe have at least started implementing digital strategies, while close to one-third (32%) say they have completed their digital transformation initiatives. “To reach Industry 4.0, manufacturers must modernize non-digital processes, adopt automation to streamline workflows, and embrace data-driven operations with the help of AI,” the survey’s authors stated. “In this regard, it’s clear there’s still room for improvement.” Digital transformation has been on the scene for more than a decade now, and those putting digital initiatives in place are seeing advantages. At least 83% of manufacturers who completed their digital transformations rate their outcomes as “good” or […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
