KPMG global tech report: industrial manufacturing insights

Two men behind digital screen In the rapidly evolving landscape of industrial manufacturing (IM), organizations are increasingly recognizing the imperative of digital transformation to enhance operational efficiency, quality control, and sustainability. The KPMG global tech report highlights that industrial manufacturing firms are at the forefront of this transformation, showcasing the highest levels of digital maturity across various technology categories compared to other sectors. This report serves as a critical resource for understanding the current state of digital adoption in industrial manufacturing and the strategic steps necessary for continued advancement. The KPMG research surveyed 2,450 executives from 26 countries and jurisdictions, including 368 leaders from industrial manufacturing. The findings reveal that 76% of IM firms express a strong willingness to embrace cutting- edge technology and the sector excels in AI adoption with 34% of organizations achieving a return on investment (ROI) from multiple AI use cases. However, the report also identifies significant maturity gaps in areas such as supply chain, procurement, and finance functions, which hinder the full realization of digital potential. Multiple recommendations emerge from the report including enhancing data strategies to help ensure seamless integration and analysis across disparate systems, upskilling the workforce and prioritizing the development of […]

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