Major manufacturers may have taken a big early lead but their smaller competitors have been able to close the digital gap in recent years. As the vendor market for Industry 4.0 tools proliferated, price points came down, leading to a lower cost of entry for smaller manufacturers and distributors to get in the game for advanced technology. And given the agility and speed to enact change management that small and medium-sized business (SMBs) tend to have compared to larger firms, they’ve been able to close the digital gap.
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