89% of manufacturers say AI is critical to business success
This research, conducted by Vanson Bourne in partnership with Peak, looks into the current state of play of digital transformation, data strategy and artificial intelligence (AI) within manufacturing and wider sub-verticals, whilst also offering insight into the main challenges faced by organizations operating within these sectors.
65% of companies haven't yet implemented AI
A key finding of the research was around the utilization of AI in manufacturing. Although many realize the benefits of this technology, implementation is still somewhat lagging behind other sectors.
Those that embrace these technology changes, by engaging into genuine change management, will truly harness the power of their data in their decision making, and will reap the rewards — and not just survive, but thrive in the future.
Frederic de Rougemont
Founder at Rougemont Advisory
53% don't yet have a fully implemented data strategy
Although organizations are planning to use their data more, not all have a data strategy that is fully implemented yet, or a formalized data storage system that stores all their data.