Next In Tech

Digital-related investment in industrial production is growing fast. Through 2020, enterprises expect to pump $907 billion annually into digital technologies on the industrial floor, according to PwC's Industry 4.0 research. That investment is expected to increase revenues by $493 billion annually and reduce costs by $421 billion each year. But where and how those dividends will be unearthed is only now coming into view. PwC sees enterprises following a path that spans prediction, prescription, optimization, and new business models.