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Digitalization of the Machine Tool Industry

August 14, 2017

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Digitalization is not just for big, cash-rich companies. And it’s not just for high-tech industries. Digitalization—bridging virtual and real worlds to create business value quickly—is being embraced by all range of companies, all range of industries.

“Companies large and small really understand they have a lot to gain in performance, in productivity,” said Raj Batra, president of Siemens’ Digital Factory Division, at an event this week for industry press. More importantly, companies are beginning to see that if they don’t get started, they will be digitally disrupted.

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