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By Giuliano Liguori 1 Cost Reduction Digital transformation solutions can capture real-time data through IoT devices and analyze the same through AI and ML-powered devices. Talking about the manufacturing sector, it is easy to manage the inventory and monitor critical production processes using digital transformation. Manufacturers need to deploy fewer laborers for less critical production thanks to automation. It results in reduced expenditure and increased productivity. What's more, remote monitoring solutions can enable manufacturing companies to manage inventory in real-time.