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Digital quoting leads to an 18-25 increase in revenue due to faster response times and improved pricing accuracy.
Forrester is a registered trademark of Forrester Research, Inc. OTTO dms is not affiliated with, endorsed by, or sponsored by Forrester.
Small + Mid Sized Manufacturers account of 98% of US Manufacturers, 70% heavily rely on manual, paper driven processes. Digitization leads to 20 to 30% improvement in win rates and reduced costs.
McKinsey & Company – Future-proofing a Digital Manufacturing Transformation.
Small Manufacturers adopting AI tools are seeing quicker ROI (12-18 months) vs larger enterprises. AI quoting, Customer relationship management, and automation are key drivers of competitiveness.
Gartner – Smart Manufacturing & the Rise of AI-Powered ERP
Small Manufacturers are experiencing increased pressure to digitize due to rising costs and supply chain volatility.
55% of manufacturing leaders say they are actively seeking AI-driven quoting solutions to speed up sales cycles and reduce lost revenue.
Deloitte – 2024 Manufacturing Industry Outlook
Small Manufacturers are experiencing increased pressure to digitize due to rising costs and supply chain volatility.
55% of manufacturing leaders say they are actively seeking AI-driven quoting solutions to speed up sales cycles and reduce lost revenue.
NAM – NAM Annual Manufacturing Report
Selective laser sintering (SLS) uses a laser as the power source to sinter powdered material, aiming the laser automatically at points in space defined by a 3D model, binding the material together to create a solid structure.
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