Maggie Slowik and Andrew Burton, IFS’s Global Industry Directors for Manufacturing, have come together to analyze key market insights that point to 5 unique predictions that outline how manufacturers can become more resilient in this new normal.
Prediction 1:
By 2024, ESG Governance will have shaped the extent to which 70% of manufacturers are tracking their ESG scope 1 and 2 emissions using digital technology and improving the accuracy of their scope 3 metrics.
Prediction 2:
By 2024, over high proportion of manufacturers will appoint resources to roles in digital science to support the development of their digital twin strategy.
Prediction 3:
Increased macroeconomic turbulence, will see 60% of manufacturers scale up digital investments beyond pilot purgatory to drive business value.
Prediction 4:
By 2025, two out of three manufacturers will have digitally enhanced their legacy assets enabling them to be connected to their MES systems to improve productivity.
Prediction 5:
By 2025, 40% of manufacturers will use AI to bolster business decision making.
Read on here.
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