A large number of manufacturers are “falling behind” in the race towards digital transformation, according to a new study by Deloitte, one of the world’s largest management consultancies.
Deloitte says that even though the fourth industrial revolution, or Industry 4.0, was “born in the factory, many manufacturers were falling behind in adopting broader digital transformation initiatives that span the entire enterprise.
To provide a quick overview, digitalization refers to the practice of integrating operations technology, such as robots and other machines, with information technology, such as sensors, networks and, of course, computers. [Read more…] about Many manufacturers ‘falling behind’ in digital transformation, says Deloitte