0%10%20%30%40%50%60%48%40%39%38%35%33%31%27%23%23%23%22%18%ProductivityOptimize operations eciencyImprove quality managementReduce costsImprove energy managementImprove worker safetyReduce downtime/production failureSupport new services/business modelsRegulatory complianceAugment sta capability by providing insight for decision-makingEcient maintenance planningOptimize stang levelsMore resilient supply chainPrioritized objectives in digital transformation investmentsThe digital transformation leaders need to prioritize the resources allocated to execute enterprise-level digital transformation. This can be challenging as different internal leaders will advocate the prioritization of vendor-specific functional solution important to them. Although all areas in the value chain of a process manufacturing company can provide ROI in digital transformation, production is often the greatest opportunity. Many leaders realize this importance and prioritize their smart manufacturing goals in their digital transformation strategy. Through smart manufacturing, digital transformation leaders expect to achieve a step change in performance in many of the production focus areas listed in the chart. They also expect greater innovation and anticipate the creation of new business models to generate new revenue streams.In a recent survey conducted by Omdia, digital transformation leaders were asked what business objectives their companies were targeting with digital transformation investments.Digital Transformation Focus on Production – Getting the best return on resources –25 A Digital Transformation Leaders' Guide to Industrial Autonomy
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