The manufacturing industry is embracing a paradigm shift with the integration of cutting-edge technologies, including AI, big data, and IoT, into every stage of the production line as we usher in the fourth industrial revolution.
And with manufacturing being one of the most complicated industries, businesses also need solutions that provide insights into their systems and procedures.
One of the critical solutions that businesses are investing in is business intelligence.
This technology helps by providing insights into the company’s systems and procedures and is key to ensuring efficiency and maximizing profits.
A survey by Boston Consulting Group found that only 28% of U.S. manufacturing businesses see the opportunity to create new revenue streams from new technologies.
This emphasizes the importance of taking critical steps and being intentional throughout the digitization journey.
How are you leveraging modern technologies to drive digitization in your organization?
