Why does it matter?
Digital technology and analytics are changing the automotive and manufacturing industries … and we need to catch up!
Economic climate
Potential in Digital and Analytics
Economic climate
Potential in Digital and Analytics
25%
-12.3%
Total gross value
GVA in 2020
Global GDP 2020
-3.3%
+13pp
Digital adoption
The industry is the largest sector of the global economy with 25% total gross value add
Automotive OEM business was hit exceptionally strong by the COVID-19 crisis with a steep decline in gross value add (GVA)
COVID-19 cased a deep global recession across industries with GDP declining -3.3%
Adoption of digital technologies leapfrogged by 13pp on average in Europe in 2020
$13 tn
Economic impact
Digitization is estimated to generate an additional $13 trillion in global GDP by 2030 through digital advances, automation, and artificial intelligence
~9%
EBITDA increase
Companies in the broader industrials segments could raise revenues and margins by as much as 4 to 7%, which translates to an EBITDA increase of up to 9%
1.5%
Productivity increase
Automating activities can enable businesses to improve performance, in some cases achieving outcomes that go beyond human capabilities. That could boost average productivity by up to 1.5%
~60%
Highly automatable jobs
Even though only ~5% of worldwide jobs are fully automatable, ~60% of occupations show automation potential for at least a third of their activities
Why now?
Cloud is getting real
Move first and win all
Resilience is key
With cloud technology finding wide adoption, new and disruptive use cases and opportunities are unlocked
First movers in the recovery phase achieved three times more revenue growth than their competitors
Increasing volatility and severity of crises require unprecedented resilience and adaptability