EXECUTIVE SUMMARY Canam Research partnered with Navisite and SAP on the topic of achieving Industry 4.0 through digital transformation in the manufacturing mid-market, defined as manufacturing companies with annual revenue between $300 million-$1 billion. As a significant and growing sector of the economy, mid-market manufacturers are in a strong position to take advantage of the benefits of Industry 4.0 to build more flexible, intelligent operations and drive innovation and competitive advantage. However, the last two years have proved exceptionally challenging across all industries, and manufacturing was no exception.

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