Industry 4.0

South African perspective

More than a quarter (27%) of the industrial companies in our survey have rated their level of digitisation as high, and this value is expected to rise to 64% within the next five years.

Overview

Digital Transformation is now a priority for most CEOs of the surveyed industrial companies in South Africa. More than a quarter (27%) of the industrial companies in our survey have rated their level of digitisation as high, and this value is expected to rise to 64% within the next five years.

Industrial leaders in South Africa are digitising essential functions within their internal vertical operations processes and are focussed on driving both revenue growth and operational efficiencies by adopting Industry 4.0. Also, 9 out of 10 companies expect to expand their product portfolio with digital offerings.

Global perspective

Managers from more than 2,000 companies in 26 countries answered questions for the study. The figures and forecasts they provided tell their own story: the average level of digitisation is expected to increase from 33% to 72% within five years. Companies are budgeting annually approximately 5% of their turnover for investing in digitisation. This amounts to a total of over $US 900 billion per year – based only on the companies surveyed.

Contact us

Keshava  Naidu

Keshava Naidu

Partner I Africa Advisory Clients & Markets leader, PwC South Africa

Tel: +27 (0) 11 059 7223

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