IDC’s predictions for manufacturing firms and their CXOs and CIOs are offering interesting IT tips for coming years.
Manufacturing firms’ CIOs will spend 25 percent of their IT budgets through industry clouds that enable collaboration models.
Product quality, including compliance, will underpin two thirds of all IT application investments across the manufacturing organization in 2015, said IDC.
30 percent of manufacturing firms will invest substantially by 2016 in increasing the visibility and analysis of information exchange and business processes, within the company and with partners.
Customer centricity will require higher standards in 2015 for customer service excellence, efficient innovation, and responsive manufacturing, which will motivate 75 percent of manufacturing firms to invest in customer-facing technologies.
50 percent of manufacturing firms will explore the viability of micro logistics networks by 2017 to enable the promise of accelerated delivery for select products and customers.
75 percent of manufacturing firms will be coordinating enterprise-wide planning activities under the umbrella of rapid integrated business planning by 2018.
70 percent of global discrete manufacturing firms will offer connected products, driving increased software content and the need for systems engineering and a product innovation platform by 2016.
40 percent of the top 100 discrete manufacturing firms and 20 percent of the top 100 process manufacturing firms will provide Product-as-a-Service platforms by 2018.
65 percent of companies with more than ten plants will enable the factory floor to make better decisions through investments in operational intelligence in 2015.
Investments that enable digitally executed manufacturing will increase 50 percent by the end of 2017, as manufacturing firms seek to be more agile in the marketplace.