This statistic shows the expected reduction in costs brought about by digitization over the next five years, until 2020, according to a 2016 survey conducted by PwC. As of 2016, the forest, paper, and packaging industry is expecting an reduction in costs of 4.2 percent per annum until 2020.
What cumulative benefits from digitization do you expect in the next 5 years?
(Cost reduction)
The majority of participants were Chief Digital Officers or other senior executives with top-level responsibility in their company for industry 4.0 strategy and activity.
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PwC. (April 13, 2016). What cumulative benefits from digitization do you expect in the next 5 years? (Cost reduction) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/548681/worldwide-digitization-cost-reduction-by-industry/
PwC. "What cumulative benefits from digitization do you expect in the next 5 years? (Cost reduction)." Chart. April 13, 2016. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/548681/worldwide-digitization-cost-reduction-by-industry/
PwC. (2016). What cumulative benefits from digitization do you expect in the next 5 years? (Cost reduction). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/548681/worldwide-digitization-cost-reduction-by-industry/
PwC. "What Cumulative Benefits from Digitization Do You Expect in The next 5 Years? (Cost Reduction)." Statista, Statista Inc., 13 Apr 2016, https://www.statista.com/statistics/548681/worldwide-digitization-cost-reduction-by-industry/
PwC, What cumulative benefits from digitization do you expect in the next 5 years? (Cost reduction) Statista, https://www.statista.com/statistics/548681/worldwide-digitization-cost-reduction-by-industry/ (last visited December 19, 2024)
What cumulative benefits from digitization do you expect in the next 5 years? (Cost reduction) [Graph], PwC, April 13, 2016. [Online]. Available: https://www.statista.com/statistics/548681/worldwide-digitization-cost-reduction-by-industry/
