Artificial intelligence, advanced data analytics and 3D printing are a few of the innovations.
Study finds leading manufacturers focus on modular production, advanced analytics, smarter robots, augmented reality.
The sector has overtaken manufacturing and retail.
The Boston Consulting Group is forecasting investment in advanced industrial robots will take off over the next decade.
Report calls for accelerated transformation and closer alliances.
Report says they’ll sharply improve leading export nations’ productivity.
Shareholder return surpasses 26 industry groups tracked by BCG.
BCG report says productivity gains lead to plant investment in UK, Mexico.
Innovators focus on increasing market share, competitive advantage.
They’re focused on accelerating growth, and they’re after your lunch.
BCG report says they’re spending $1.7 trillion a year to fuel growth.
Boston Consulting Group says skills gap unlikely to prevent resurgence in US manufacturing.
More value in divestitures than commonly believed.
A Boston Consulting Group report predicts 37% of US-based large manufacturers are planning to bring back production to the US from China or are considering it.
Manufacturing in China for North American markets is not as cost-effective as it once was, and it appears some of the lost US production may be coming back.