The digital divergence
is growing
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BDO'S TAKE
Evidence of the correlation between Industry 4.0 maturity and business success is growing as early adopters outperform their counterparts.
The Digital Divergence is Growing
BDO'S TAKE
Manufacturers define digital strategy for supply chain as…
The 2021 Industry 4.0 Survey was conducted by Rabin Research Company, an independent marketing research firm, in January 2021. The survey included 100 C-level executives in a wide range of capacities for manufacturing organizations with annual revenues between $100 million and $3 billion.
Methodology
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The digital thread is more dream than reality
Supply chain strategies need an upgrade
Manufacturers
focus on customer experience to
fuel success
Industry 4.0 overachievers prioritize agility and connectivity
Supply Chain Strategies Need an Upgrade
Most manufacturers are implementing technologies that enable the digital thread, but it’s still a long way from being fully realized. Only 2% of manufacturers have full information transparency across the entire business ecosystem.
Digital thread enablers that manufacturers are deploying include:
The Digital Thread is More Dream than Reality
BDO'S TAKE
Improving customer experience is manufacturers’ #2 digital priority overall.
Their top areas for enhancing customer experience are…
Manufacturers Focus on Customer
Experience to Fuel Success
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Survey Respondents
2021 Industry 4.0 Survey
Accelerating Innovation for a Return to Growth
Our recent survey of 100 C-suite manufacturing executives provides insight into their Industry 4.0 plans, maturity, threats and opportunities. Here’s what we found:
33%
Thriving
54%
Surviving
13%
Struggling
18%
Thriving
54%
Surviving
28%
Struggling
Implementing an Industry 4.0 strategy
Not yet implementing
an Industry 4.0 strategy
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Investigating
and employing new
digital solutions for
specific applications
37%
Supply chain-wide digital strategy tied with process improvements and better usage of existing systems
28%
Part of an enterprise-level digital strategy
5%
Data Analytics
71%
ERP Software
58%
Internet of Things
40%
BDO'S TAKE
23%
New products/services
23%
Quality
16%
Cost
18%
Product enhancements
11%
Customization
9%
Faster delivery
24%
76%
Survey
respondents
Methodology
Methodology
More than one in six survey respondents said the ROI of their Industry 4.0 initiatives were overwhelmingly successful. See 5 things these Industry 4.0 overachievers are doing differently to ensure success:
Industry 4.0 Overachievers Prioritize Agility and Connectivity
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Want to see how your digital initiatives stack up to your peers?
Check out our benchmarking data.
Thank you! Please click below to download the Benchmarking Report.
A copy of the report has also been sent to you for future reference.
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54%
Surviving
Survey Respondents
Methodology
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