Economic fluctuations and increased global competition are creating more pressure on the sectors that comprise Industrial Markets.
Economic fluctuations and global competition are creating more pressure on Industrial Mark
To stay competitive, companies need to manage numerous issues, including an uncertain economy, fluctuating capital and debt markets, globalization, pressure from emerging markets, technological advances, increased regulation and shifts in consumer preferences.
Companies in the industrial markets space, including automotive, chemicals, and industrial manufacturing organizations must be nimble and prepared to respond to the changing environment in which they operate. Companies are cutting costs to stay competitive and in many cases this means reducing operating facilities and the workforce. At the same time, companies and their shareholders need more and better information to make the right decisions.
At KPMG, our professionals have gained insight from years of hands-on experience in areas critical to the success of companies in Industrial Markets. We understand the marketplace issues and challenges affecting these sectors, and work with companies to help them:
Accelerating business through the adoption of digital technologies to enable i4.0