Remove 2030 Remove Analytics Remove Return on Investment Remove Technology
article thumbnail

Strategies for realizing technology ROI in manufacturing

West Monroe

But by 2030, they expect digital operations to deliver tangible benefits in the form of speed and flexibility, customer satisfaction, and financial returns. To support their digital aspirations, manufacturers expect to increase technology investment relative to current levels.

ROI 52
article thumbnail

A practical approach to implementing Industry 4.0 in manufacturing

West Monroe

From conversations at the Manufacturing Leadership Council’s December 2023 Manufacturing in 2030 event, it became clear that the industry is still far from delivering on the vision of Industry 4.0. strategy as the top challenge to adopting and using those technologies. Although we have been discussing the value of industry 4.0

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How digital and sustainability alignment can drive value for manufacturers

West Monroe

We believe that aligning the digital journey with the sustainability journey can advance both goals and drive greater overall return on investments. technologies will be significant to reaching sustainability targets. Green IT : Enterprise technology accounts for 1% of global greenhouse emissions. The result?

Metrics 52
article thumbnail

How digital and sustainability alignment can drive value for manufacturers

West Monroe

We believe that aligning the digital journey with the sustainability journey can advance both goals and drive greater overall return on investments. technologies will be significant to reaching sustainability targets. Green IT : Enterprise technology accounts for 1% of global greenhouse emissions. The result?

Metrics 52
article thumbnail

How Can You Measure Returns On Employee Experience?

SurveySparrow

What is Return on Employee experience? We are quite familiar with the term, ROI or returns on investment. When it comes to measuring the benefits of a particular cost-related investment, there’s no effective metric available then return on investment (ROI). But have you heard the term ROX? .