Judging by the results of our recent survey on the progress industrial companies are making in digitizing their operations, the effort is in full swing. By 2020, almost three quarters of companies surveyed say they will have made significant progress toward fulfilling the vision of Industry 4.0--and they expect real gains in revenues and lower costs as a result. To get there, however, companies must carefully define the capabilities they will need--notably strong data and analytics expertise--and develop the digital talent and culture needed to drive the transformation effort.
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