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The manufacturing industry is continuing to ride the wave of digital transformation, with 94% of executives in industrial products and services companies making it a top strategic priority. Businesses are investing in digital transformation initiatives, with a focus on modernizing, moving to the cloud, and investing in data and analytics platforms. As we enter 2024, there will be a focus on Industry 5.0 initiatives, such as worker empowerment, sustainability, and customer experience. Organizations will continue to focus on Industry 4.0 initiatives based on their maturity and innovation.
