The need for transformation combined with disrupted supply chains, rising costs, labor shortages, and environmental challenges has intensified pressures on manufacturers to drive cost efficiency. While manufacturers have invested in technology to build a foundation for growth, they have not harnessed the full potential of these systems. Instead, many manufacturers use a patchwork of technologies that need integration and orchestration to maximize their value.
To achieve a strong return on investment (ROI), manufacturers will not only need systems that generate insight, but they will also need an overarching system of action to connect multiple functions and underlying insight-generating technologies. Only then can they accelerate digital transformation initiatives to drive outcomes and build a more agile, efficient, and resilient organization.