The adoption of Industry 4.0 technologies in global manufacturing is well under way. New research from Siemens Financial Services:
- Estimates the time period to the ‘tipping point’ for investment - when 50% of the global manufacturing community will have substantially converted to Industry 4.0 platforms;
- Examines how smart financing solutions, such as those from Siemens, can help companies to affordably invest in digital transformation and benefit from early mover advantage.
Discover more with a free download of the study
How many manufacturers have implemented Industry 4.0
With 70-80% of large companies and 40-50% of SMEs having already implemented a pilot project for Industry 4.0 solutions, the question now is no longer 'whether' to invest in transformation, but 'when' and 'how'.
The tipping point for manufacturers
Manufacturers, trade assoscations, management consultants and academics across the globe, estimate when the 'tipping point' of 50% deployment amongst manufacturers will be reached. For larger manufacturers this window is expected to be 5-7 years, while SME manufacturers have 9-11 years until the 'tipping point'. This indicates the window of opportunity for manufacturers to be in the 'first half' of digital transformation investors.
