Right now there is a lot of confusion when it comes to the difference between digitization and digitalization. Digitization refers to the conversion of analog information into digital formats, while ...

Signs of economic stagnation top the list of concerns for most midsize business leaders across the consumer products industry. From inflationary pressures on operational costs and pricing to monetary ...

New study: industrial companies increasingly using Industry 4.0 technologies internationally, with India ranking third and showing the highest investment readiness -- Different speeds: 68 percent of ...

The study shows that diversified economies benefit from greater adaptability and resilience, which are essential characteristics of smart economic systems. By expanding the industrial base, countries ...

Manufacturers face global competition, workforce challenges, and the need to accelerate innovation while meeting sustainability demands. How can companies tackle these challenges and meet product ...

The COVID-19 pandemic has resulted in an unprecedented shock to firms with adverse consequences for existing productive capacities. At the same time, digitalization has increasingly been touted as a ...

Digital twins and digital threads are key elements of any digitalization strategy; everyone is talking about them, but few companies say what exactly they mean by the terms. John O’Connor of Siemens ...

To speed up its digital journey, Slovenia should accelerate the digitization of public services, strengthen the digital sector and infrastructure, promote more flexible forms of work, and increase the ...

Nobody wishes to be left behind. And the fact is, digitalization is the future. To propel your organization forward, going digital is the best route toward safer, more efficient and cost-effective ...