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

ICOMold - Instant Online Quotes for Plastic Injection Molding

ICOMold - Instant Online Quotes for Plastic Injection Molding

ICOMold is a plastic injection molding company that has been manufacturing low-cost, high-quality custom plastic injection molding for customers worldwide in a variety of industries since 2003. We provide an instant quote for your plastic injection molding project, and we have a very fast turnaround time. We have a large selection of materials and colors to choose from, and provide services like insert molding and overmolding. Our setup charges are very low, and our production molds are backed by our Lifetime Warranty.