How companies can compete in the world of transformational innovation
Smart innovation is transforming the world of electronics manufacturing – yet not every enterprise is ready to capitalize on it. Even knowing where your industry is going doesn’t guarantee you’ll get there. You may have a revolutionary idea, but if you don’t have the resources to scale production your competitors will beat you to it. That’s why top manufacturers are going digital.
Increasing innovation with smart manufacturing
According to the Aberdeen Group, the top digital companies are by far the best in class today at meeting product cost, time and quality targets:
- For developing products that met cost targets, 86% of the best in class are digital companies
- For products launched on time, 86% of the best in class are digital companies
- For products that met quality targets, 91% of the best in class are digital companies
And studies from MIT and the Capgemini Report confirm that digital companies also lead in revenue creation and profitability. Digital leaders are simply better equipped to realize the innovations they foresee coming. So, get ready to compete and win in the new world of transformational innovation. Don’t miss out on this compelling infographic.