The manufacturing industry is the strong foundation of the global economy, while at the same time it is undergoing a powerful transformation in the era of digitalization. Batches become smaller, demands grow higher, and the products come connected with services more often.
The traditional competitive advantages of the industry have been expertise, quality, and cost-effectiveness. As digitalization makes its way into the industry, new success factors emerge, such as speed, agility, the utilization of new technologies, and the ability to lead through change.