The industrial manufacturing is one sector where innovation has a dramatic impact on not only the competitiveness and bottom line of individual companies, but also the productivity of entire sectors. That’s one of the conclusions in a report from PwC.
The most innovative manufacturing companies managed a 38% increase in revenues over the past three years. That’s nearly four times the rate of growth of the least innovative companies in the sector.
Read the whole report on innovation in industrial manufacturing from PwC Industry here.