Worldwide Manufacturing Predictions for 2015
International Data Corporation (IDC) yesterday hosted the web conference IDC FutureScape: Worldwide Manufacturing 2015 Predictions, which provided organizations with insight and perspective on long-term industry trends along with new themes that may be on the horizon. The web conference predictions series and accompanying IDC FutureScape reports are designed to help IT leaders capitalize on emerging market opportunities and plan for future growth.
The predictions from the IDC FutureScape for Worldwide Manufacturing FutureScape are:
1. By 2017, manufacturers will actively channel 25% of their IT budgets through industry clouds that enable seamless and flexible collaboration models.
2. In 2015, product quality, including compliance, underpins two thirds of all IT application investments across the manufacturing organization.
3. By 2016, 30% of manufacturers will invest substantially in increasing the visibility and analysis of information exchange and business processes, within the company and with partners.
4. In 2015, customer centricity requires higher standards for customer service excellence, efficient innovation, and responsive manufacturing, which motivates 75% of manufacturers to invest in customer-facing technologies.
5. By 2017, 50% of manufacturers will explore the viability of micro logistics networks to enable the promise of accelerated delivery for select products and customers.
6. By 2018, 75% of manufacturers are coordinating enterprise wide planning activities under the umbrella of rapid integrated business planning.
7. By 2016, 70% of global discrete manufacturers will offer connected products, driving increased software content and the need for systems engineering and a product innovation platform.
8. By 2018, 40% of Top 100 discrete manufacturers and 20% of Top 100 process manufacturers will provide product-as-a-service platforms.
9. In 2015, 65% of companies with more than 10 plants will enable the factory floor to make better decisions through investments in operational intelligence.
10. Investments that enable digitally executed manufacturing will increase 50% by the end of 2017, as manufacturers seek to be more agile in the marketplace
“IDC Manufacturing Insights sees a number of important industry drivers that will shape the manufacturing industry for the next few years, including complex value chains, support for continuing emerging market growth, customer (and consumer) centricity, ubiquitous connectivity and data-driven insights; these drivers inform the ten decision imperatives for 2015 and beyond," said Simon Ellis, practice director, IDC Manufacturing Insights.
To access the audio replay of the web conference, visit: http://bit.ly/IDCManufacturingFutureScape2015.
IDC FutureScapes are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC's FutureScapes are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within the typical three year business planning cycle.
The predictions from the IDC FutureScape for Worldwide Manufacturing FutureScape are:
1. By 2017, manufacturers will actively channel 25% of their IT budgets through industry clouds that enable seamless and flexible collaboration models.
2. In 2015, product quality, including compliance, underpins two thirds of all IT application investments across the manufacturing organization.
3. By 2016, 30% of manufacturers will invest substantially in increasing the visibility and analysis of information exchange and business processes, within the company and with partners.
4. In 2015, customer centricity requires higher standards for customer service excellence, efficient innovation, and responsive manufacturing, which motivates 75% of manufacturers to invest in customer-facing technologies.
5. By 2017, 50% of manufacturers will explore the viability of micro logistics networks to enable the promise of accelerated delivery for select products and customers.
6. By 2018, 75% of manufacturers are coordinating enterprise wide planning activities under the umbrella of rapid integrated business planning.
7. By 2016, 70% of global discrete manufacturers will offer connected products, driving increased software content and the need for systems engineering and a product innovation platform.
8. By 2018, 40% of Top 100 discrete manufacturers and 20% of Top 100 process manufacturers will provide product-as-a-service platforms.
9. In 2015, 65% of companies with more than 10 plants will enable the factory floor to make better decisions through investments in operational intelligence.
10. Investments that enable digitally executed manufacturing will increase 50% by the end of 2017, as manufacturers seek to be more agile in the marketplace
“IDC Manufacturing Insights sees a number of important industry drivers that will shape the manufacturing industry for the next few years, including complex value chains, support for continuing emerging market growth, customer (and consumer) centricity, ubiquitous connectivity and data-driven insights; these drivers inform the ten decision imperatives for 2015 and beyond," said Simon Ellis, practice director, IDC Manufacturing Insights.
To access the audio replay of the web conference, visit: http://bit.ly/IDCManufacturingFutureScape2015.
IDC FutureScapes are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC's FutureScapes are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within the typical three year business planning cycle.