Every organization wants to be resilient, agile and sustainable in today’s manufacturing world. And there are so many manufacturers investing in innovative solutions to make their operations and products smarter by moving to advanced technologies like AI, digital twins, and the Internet of Things (IoT).
Back in 2019, Microsoft released its first report which provided an overview of IoT across a variety of industries, from manufacturing and energy to healthcare. And Microsoft made the latest IoT Signals Report 2022. IoT Signals is a series of impactful content curated by Microsoft primarily to inform the community about the latest digital developments and transformations, as well as technology trends in the IoT industry.
Microsoft conducted deeper reviews with attendees to better understand digital transformation strategies and execution plans. Microsoft releases new findings on digital transformations in the industry, find out.
Microsoft discovers six new digital transformations in the industry
The new IoT survey reveals insights from real-world manufacturers who have begun their digital transformation journey. During the research, Microsoft uncovered six new key findings about digital transformations.
- Most manufacturers continue efforts to build smart factories
- Operational improvement remains a priority objective for manufacturers
- Organizations are shifting their investments towards industrial automation-based process control
- Manufacturers face new challenges as smart factory initiatives scale
- IT-OT convergence is happening in manufacturing
- Manufacturers plan to increase investment in smart connected IoT products
Digital transformation remains a priority for these manufacturers as they strive to increase agility, drive growth and improve customer engagement. The six key findings share a common theme: manufacturers around the world are advancing their digital transformation efforts and organizations are turning to innovative solutions to build a more sustainable and resilient future.
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