77% of manufacturing executives view digital transformation as crucial for business strategy, with growth, efficiency, and competitive edge as main drivers. Despite being traditionally cautious, manufacturers are increasingly adopting digital initiatives to reduce costs and increase revenue. A significant 59% believe in ecosystems for quick innovation. However, 60% aren't fully leveraging partnerships. Platforms are vital, with 81% citing them as key to success. Yet, only 11% have complete ecosystem control. Digital transformation is seen as essential for survival, with culture being the main barrier.

Join for free to read