Technology could become like oxygen to the industrial manufacturing sector
For the industrial manufacturing (IM) sector, a series of external challenges ultimately may be catalysts for action that the industry has avoided for many years. Global trade disputes, tariffs and trade barriers, political instability and even the potential onset of a recession are topping a long list of threats that could have palpable repercussions for companies that make complex engineered products and equipment mostly for manufacturing operations and earth-moving projects.
Industrial Manufacturing Trends 2019: External conditions pose questions. Could technology be the answer?
87% of CEOs that were ‘extremely’ concerned about trade conflicts, cited US-China as a specific trade conflict they were concerned about.Part of PwC’s 22nd CEO Survey trend series