Industrial manufacturers have been using new technologies for years now, so will digital transformation really add value to a manufacturing business?
The use of new digital technologies in the industrial manufacturing industry is not new. In fact, manufacturers have been users of digital technologies for years. However, the term “digital transformation” is relatively new to the industry.
In a recent survey, it was found that only 25% of companies actually understood what digital transformation was even though 88% of these companies said they were undergoing some form of digital transformation. While this study shows that industrial manufacturers are aware of the term, it also shows that most do not realize the true value it holds for their businesses – and the value is immense.
PODCAST: Digital Transformation in Manufacturing
IFS Radio Network host, Anders Lundin, sits down with IFS’s Global Industry Director for Industrial Manufacturing, Antony Bourne, to discuss digital transformation and what it means for the industrial manufacturing industry.
In this podcast, you will learn the following about digital transformation:
- What it is
- What are the key benefits
- How you can use it to change your business model and increase profits
- What the new term “servitization” has to do with it
- Why manufacturers will need new skill-sets
- How it will change the future of industrial manufacturing
Trouble listening? Download the podcast here.
More from Antony Bourne on Digital Transformation in Manufacturing
As a manufacturer, the term digital transformation may be foreign, but in fact, manufacturers have been using digital technologies for many years already. Read blog >
Follow us on social media for the latest blog posts, industry and IFS news!