PwC: digital switchover can reduce the costs of companies with more than 400 billion dollars a year

The digital industrial revolution may bring more than 900 billionUSD to the companies around the world – according to PwC business consulting firm’s study.

The PwC surveyed more than 2,000 executives in nine industries who estimate that the transition to digital technologies reduces costs by an average of 3.6 percent (421 billion USD) and will increase efficiency by 4.1 percent. The companies also expect a 2.9 percent (493 billion USD) revenue growth until 2020. (MTI)