Paul Hennessy/NurPhoto via Getty ImagesBank of America is naming 11 global winners from a giant shift towards industrial automation.
One of the most important trends caught up in that seismic shift is industrial automation, the reinvention of factories thanks to the rapid growth in fields like e-commerce and artificial intelligence. Bank of America's analysts say that will determine where a big chunk of the trillion dollars is spent.
"We have already passed the point where industrials spend more money on software than hardware," wrote Andrew Obin, Alexander Virgo, John King, and Kenjin Hotta.
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