This is part two of a two-part series on digital transformation for manufacturers, where we explore the real risk of not digitally transforming and the journey that manufacturers are undertaking to capitalize on the opportunity to increase revenue, profit, and operational effectiveness. You can read more in my first blog
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Mapping the transformation journey for manufacturers
Are manufacturers missing out? Digital transformation reaps real benefits!
Digitally mature manufacturers outperform their non-digital peers — they generate more revenue and profit, and will out-compete non-digital companies. This is a bold statement, but it was a clear outcome of recent IDC Worldwide Manufacturing Insights research, which compared the profitability and revenue of digitally mature manufacturers to their non-digital