Report
The state of digital transformation for manufacturing and production
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 With 70% of customer interactions now digital, firms face integration challenges from siloed data, outdated systems, and legacy infrastructure.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.
