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Advanced digitisation and integration have the potential to deliver big gains for metals companies. Many are already seizing the opportunities on offer. In a companion report to PwC's 2016 Global Industry 4.0 Survey, we benchmarked the responses of 157 senior executives in metals companies around the world.
It’s clear that the buzz around Industry 4.0 has moved from what some had earlier seen as hype to investment and real results today. And the gains are expected to grow in the next five years. Digitisation advances are extending outwards from production all the way through to the customer. Companies are looking at ways of transforming not just their internal processes but also the horizontal value chain, with suppliers, customers and other value chain partners.