Stat Library

50% of consumers expect AI to impact their relationships with financial service institutions more than other industries.

• 59% of Gen Z
• 55% of millennials
• 49% of Gen X
• 38% of baby boomers

85% of manufacturers believe they must transform their day-to-day operations to remain competitive.

Top manufacturing growth opportunities:

1. New product or service offerings
2. Technology changes/disruption
3. Commercial operations optimization
4. Updated product/service mix
5. New markets/customer bases

Top manufacturing growth challenges:

1. Workforce challenges
2. Technology changes/disruption
3. Energy costs
4. Interest rates and cost of capital
5. Environmental/sustainability concerns

68% of manufacturers expect increased technology budgets over the next year

Top manufacturing investment priorities:

1. Sales and marketing
2. Product development
3. Technology
4. Manufacturing process efficiency
5. Supply chain

79% of manufacturers say channel partners strengthen their brand — up from 63% in 2020

70% of manufacturers say channel partners drive significant market share

70% of manufacturers have field service operations

AI adoption among manufacturing organizations:

• 36%: Fully implemented
• 44%: Experimenting
• 15%: Evaluating
• 4%: No intentions to use

Small business owners lose an average of 96 minutes of productivity daily to tasks they deem unproductive.

17% of small business owners say context switching between multiple apps and tools leads to wasted time.