Digital transformation is creating new value for manufacturers. The digital revolution, whether under the banner of Industry 4.0, Smart Manufacturing, or some more overarching initiative, is a high priority to survive and thrive in the new normal. Even before the disruption from the recent pandemic, Tech-Clarity’s research on digital maturity in manufacturing shows that two-thirds of industrial companies viewed digitalization as either “important” or “critical” to achieving their business strategy.
Our recent survey, Filling Digital Transformation Gaps with Applications, shares that manufacturers’ digital initiatives create or uncover process, organizational, and technology gaps. They must overcome these “digital transformation gaps” to achieve their digitalization goals, such as driving internal efficiencies, creating new business models, or finding new revenue opportunities.