Digital transformation in Industry 4.0
In 2020 digital transformation in the manufacturing industry was valued at $263.9 billion. This figure is anticipated to reach $767.8 billion by 2026. Robotic manufacturing, sustainable technology and connected vehicles are all topics shaping the manufacturing landscape.
Explore how connectivity is becoming essential to growth, allowing businesses to stay competitive and relevant today and tomorrow.
Manufacturing DX in numbers
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30%
Predictive maintenance can reduce maintenance costs by up to 30%, downtime by 70%, and increase equipment lifetime by 20%.¹
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$371.7B
Cloud manufacturing market estimated to reach $371.7 billion by 2026, driven by the need for digital transformation.²
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91%
91% of manufacturing executives believe that AR/VR will be important for their company’s future success. ³
Azure IoT Operations TransPhysOps
IMV AI in the Frontline
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