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

Reliable Inspection from SICK

Reliable Inspection from SICK

Take your quality inspections to the next level with tailor-made 3D solutions from SICK, Inc. The TriSpector1000 is a stand-alone, configurable 3D vision sensor that reliably inspects objects regardless of variations in color, height, shape, or position. It is suited for solving quality control issues and can be used for volume & thickness measurement and inspection of box integrity. Check out SICK's quality inspection solutions at Pack Expo 2019 in Booth #LS-6419.