Manufacturers gambling competitive advantage with slow digital investments and lack of ROI
· Manufacturers with optimized digital transformation (DX) saw profits increase 40% vs. less digitally mature organizations. · Only 26% of manufacturers surveyed are pursuing new revenue streams; while only 28% are engaging with new ecosystems. · Biggest ROI gains come from developing new business models (51%) that scale beyond "business as usual.”London, UK, June 6, 2023 – IFS, the global cloud enterprise software company, today announced the results of an IDC InfoBrief, sponsored by IFS, Shaping the Future of Manufacturing,* revealing the level of digital transformation (DX) in