ITALY - The comprehensive insights from the "Digital Servitisation in the Machinery Sector" observatory carried out by Digital Industries World and presented on April 11th, 2024, offer a detailed understanding of the significance of service activities within the machinery sector's economic landscape.

Derived from a meticulous survey conducted in collaboration with prominent industry stakeholders, these findings shed light on various aspects of digitalization and service provision.

Notably, the data underscores that service activities contribute approximately 25% to the machinery sector's total turnover, with notable differences in digital maturity between larger corporations and SMEs.

Furthermore, the presentation highlighted projections indicating that digital services are expected to play an increasingly pivotal role in machinery purchase decisions over the next three years, signaling a significant shift towards enhanced digitalization within the industry.

These insights not only provide a valuable roadmap for digital transformation within the sector but also emphasize specific areas that require focused attention to drive sustained growth and ongoing innovation.