Digital Industry Insight #19: The Perils and Triumphs of Industrial Digital Transformation

For tho se who attended our recent w ebinar Digital Industry M&A – Brin ging Clarity to Chaos , you may find this blogpost a hand y recap of the major points I covered during the event. If you missed the event, we welcome you to check out the full recording .            
The global manufacturing output is at 15T dollars annually, roughly 16 cents for every dollar of GDP created annually . The foundation for positive change is enormous. Separately, there is not a single day passing by we don't hear people talking about Industry 4.0 and suggesting 5G, Edge Computing, and AI as the transformative forces reshaping the manufacturing industry. As a matter of fact, a decade has passed since the term Industry 4.0 was coined. One would assume that there will be the equivalent of next Amazon, Google, and Microsoft on the horizon now for Industrial digital transformation. The fact that we could not readily come up with such a name really begs some deeper soul-searching on why that is the case.