Lifecycle Insights’ 2021 ROI of DX Study examined how various DX efforts can help manufacturers realize real value for their businesses. The research revealed that targeted DX initiatives provide significant ROI. The most progressive companies pursued an average of 12.5 investment initiatives per year, while the least progressive averaged only 3.5. Those investments paid off on multiple fronts. The most progressive companies were more likely to hit or exceed margin targets for their projects. They also required fewer prototypes and fewer days of inventory to hit those targets.
