IoT World
Panel: Smart Manufacturing as a Driver for Business Outcomes – Investing in Industry 4.0
Digital transformation offers promise to industrial organizations to weather the uncertain economy, but deploying digital technologies is frequently challenging.
The manufacturing sector is facing a unique set of headwinds and tailwinds. According to Omdia research, only half of industrial companies have begun a digital initiative. Among those that have, roughly 40% of organizations fail to achieve an expected payback for their digital investments.
In this video, Omdia principal analyst Alex West discusses this situation with Farid Bichareh from the Industrial Internet Consortium, Marylin Glass-Hedges from Daimler Trucks North America and Steve Holdsworth from Crescent Electric Supply.
