Report

The state of digital transformation for manufacturing and production

The state of digital transformation for manufacturing and production

Pages 15 Pages

Manufacturers are accelerating digital transformation to meet rising demands for operational efficiency and customer personalization. With 70% of customer interactions now digital, firms face integration challenges from siloed data, outdated systems, and legacy infrastructure. Only 42% of IT projects were completed on time, and the average potential revenue loss from failed initiatives is over \$7.3 million. API-led strategies—used by 45% for reusable components—help unlock system data, drive agility, and boost productivity. APIs generate 31% of revenue and support faster decisions, cost reduction, and streamlined customer experiences.

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