DIGITAL MATURITY REPORT 2023 / INDUSTRY FOCUS
Manufacturing
There is a profound impact of Germany’s Industrie 4.0, sparking a digital revolution in manufacturing. This shift emphasizes technological advancements and process excellence, leading to highly efficient and productive factories. It underscores a transition towards customer-centric production, focusing on flexibility and improved customer experiences, necessitating a cultural shift within organizations. Digital transformation is linked to enhanced sustainability efforts in manufacturing. And this digital shift represents a long-term change, where embracing technology and focusing on digital experiences are crucial for success.
Figure 1: Digital Maturity Index (DMI) Study Results:
Manufacturing Industry Score, Averages, Leaders, and Laggards
Digital Maturity Index of Manufacturing Industry
The Digital Maturity Index (DMI) for 2021 to 2023 presents a varied view of digital transformation in manufacturing, showing a slowdown in digital maturity with uneven success across companies. A key issue is the innovation deficit, with even leading firms struggling to use new technologies for significant change, pointing to a wider problem in fostering an innovation culture. Additionally, the widening gap between digital leaders and laggards indicates the difficulty in catching up once behind, due to reasons like inadequate investment or challenges in adopting new technologies.
Assessing Manufacturing Industry's Vitality
The Digital Vitality Graph, Digital Maturity Index, and digital snowflake model show manufacturing companies’ preference for endurance over speed in their digital transformation during the Industrie 4.0 revolution. These companies opt for resilient, long-term digital strategies for sustainable growth and risk mitigation rather than fast, short-term efforts. Digital maturity laggards focus on endurance, showing resilience but a lack of agility and innovation, often due to risk aversion or resource limits. Leaders maintain a better balance, favoring endurance while understanding agility’s value.
Figure 2: Digital Vitality Map: Manufacturing Focus
A Comprehensive Analysis of Digital Maturity in Manufacturing Industry
Embark on a transformative journey with our pivotal report, tailored for leaders navigating the Industrie 4.0 revolution within the manufacturing sector. This essential guide illuminates the strategic focus on building enduring digital capabilities over mere speed, offering a comprehensive analysis for achieving a harmonious balance between resilience and agility. It enables decision-makers to benchmark against industry standards, identify opportunities for enhancement, and refine strategies for sustained success and competitive advantage. A vital tool for future-proofing your organization, this report is your key to informed digital transformation in an ever-evolving digital landscape.
Digital Maturity Report: A Comprehensive Analysis Across Industries and Countries
Discover the pulse of digital transformation with our 2023 Digital Maturity Report, leveraging 403 unique measurements across more than 10 industries and 20 countries to reveal critical trends and opportunities. Elevate your strategic vision—download the report for actionable insights.
