43%
of manufacturers cite budget constraints as the primary barrier to digital transformation
Not a lack of ambition. Not a lack of need. A perceived cost of change that keeps the status quo in place — while the gap to competitors widens.
Source: IBM, 2023
$3.1T
cost to the US economy from bad data management annually
Manufacturers are among the largest generators of operational data — and among the worst at turning it into decisions. The cost is measured in missed opportunities, quality failures, and production delays.
Source: IBM Study
21%
reduction in operational efficiency from poor data management practices
Three systems that do not talk to each other. Manual reconciliation filling the gap. A Monday morning ritual that should not exist.
Source: Industry Research, 2023