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Machinery and equipment manufacturers are improving performance with the help of new-generation digitalized technology. A global qualitative study by Siemens examines the potential value digitalization offers Machinery and equipment 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 report estimates potential value of digitalization to be $103.2bn-160.5bn for the machinery and equipment sector globally.