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New-generation digitalized technology (also known as Industry 4.0) is enabling manufacturers to improve performance. A global qualitative study by Siemens examines the potential value digitalization offers manufacturers and the significant role Industry 4.0 financing plays in helping manufacturers to achieve digital transformation.
Capturing testimony from over 60 international industrial companies, expert management consultancies and academic specialists based in 11 countries, the paper estimates the potential financial value of increased manufacturing productivity as a result of digitalization, the Digitalization Productivity Bonus. The potential Global Digitalization Productivity Bonus across all manufacturing sectors is estimated to be between 6.3 percent and 9.8 percent of total annual revenue by 2025.