In the pursuit of greater profitability and customers, technology is changing the competitive landscape for manufacturers. It’s having a profound impact on the way products are developed, produced and distributed. A look at how leading manufacturers are leveraging technology offers a glimpse into the future of the industry.
1. Technology will fuel top-line growth: Nearly one-third of manufacturers expect new technologies to grow sales by providing new ways to reach—and engage—customers.
2. Technology will boost profits: Just over one-third of manufacturers expect technology will help them increase profitability by improving productivity, reducing costs and monitoring supply chains.