As the steel industry faces new customer expectations, constant price volatility, and ongoing supply chain disruption, many metals companies are turning to digital transformation. The Crowe technology in metals 2022 survey paints a clear picture of how vital technology investment has become for metals companies.
86% of all metals companies who responded to our survey plan to maintain or increase their technology investment with nearly a quarter (23%) of survey respondents planning a significant increase.
– Crowe, “Technology in Metals 2022 Survey Results”
At the same time, while digital transformation can be critical in building a more sustainable future – one in which companies can be confident – achieving it is not as simple as throwing money at new technologies. With so many issues to solve and an overwhelming number of technology solutions available, it can be challenging to know where to begin. Understanding the benefits of digital transformation can help.