Industrial digitisation on fast track

The New Indian Express: In a move to build the digital enterprise, the digitisation in industrial sector is  set to grow to 65 percent in the next five years as it is a priority of most CEOs in the industry, according to a PwC report.

According to PwC Industry 4.0 report, more than half of the industrial companies in India are using data analytics and over 90 per cent expect data to impact their decision-making in five years.

Globally, digitisation is expected to rise to 72 per cent from 33 per cent, the report noted.

It is also noted that around 39 percent of the companies plan to invest more than 8 percent of their annual revenues in digital programmes in the next five years.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

WCX™ 2024 – Where Mobility Moves Forward

WCX™ 2024 - Where Mobility Moves Forward

Experience the future of mobility at WCX™ 2024, where innovation meets collaboration. Join leading experts, engineers, and visionaries from around the globe to explore cutting-edge technologies, share insights, and shape the automotive industry's trajectory. From electrification to autonomous solutions, immerse yourself in a dynamic platform that drives progress. Don't miss the opportunity to be at the forefront of automotive excellence.