Roughly 30% said their companies have allocated $50 million or more to smart automation projects, and more than half have already spent at least $10 million. Only 17% of surveyed officials said their firms have smart automation technologies operating at full scale. As many as 30% haven’t begun investing in smart technologies or are unsure of their plans. That is prompting many companies to take a more piecemeal approach to smart automation, the survey found. Tech and business unit leaders can then get together to assess the ability of smart tools to fix those problems, he said.

Source: Wall Street Journal April 04, 2019 16:41 UTC