How can manufacturing & construction brands rise to the challenge of digital transformation?Manufacturers and construction brands need to become more agile and competitive to digitally transform. Customers and employees will benefit from these shifts.
By 2025 the Fourth Industrial Revolution is expected to generate £2.7tn worldwide, according to the World Economic Forum. Technologies such as the Internet of Things (IoT) are helping to generate increased productivity. However PwC warns that digital technologies can transform manufacturing businesses’ but they need clear strategy and strong leadership.
Report Snap Shot
The Annual Manufacturing Report 2019 found that 81% of UK manufacturers are ready to invest in new digital technologies to boost productivity.