PwC’s latest outlook finds manufacturers will more than double automation, AI and advanced‑technology use by 2030, with the median adoption rate climbing from 26% to 68% of operations. Adoption in production and product design is already high, while business support functions such as finance and HR are set to quadruple. The study highlights a widening gap between “future‑fit” firms and laggards, stressing that speed of integration, not just tool acquisition, will drive competitive advantage. Executives also expect 44% of revenue to come from non‑manufacturing services by the decade’s end.
Manufacturing is undergoing a digital overhaul where connectivity, data and automation dictate factory efficiency, product consistency, and uptime. Unplanned downtime now averages $260,000 per hour, contributing to roughly $1.5 trillion in global losses each year. Tata Communications frames the CIO agenda...