Digital Manufacturing Is Key To Success

In a recent survey conducted by German-speaking SAP user group DSAG among its members, 81 percent of respondents stated that, despite shrinking IT budgets and a sharp drop in revenue, digital transformation is unavoidable. Manufacturing companies seem to not have gotten the memo, though: Industry 4.0 is still wishful thinking for most of them. At best, they have taken first, tentative steps towards digitalization; at worst, they haven’t even started yet. However, the consequences of the global crisis triggered by COVID-19, as painful as they may have been and continue to be, could lay the foundation for sustainable digital transformation in many companies.

Download as PDF only for members. Please create an account Here