Growing Complexity of CEE Manufacturing Processes Drives Demand for IT-Based Decision-Making Solutions
18 Jul 2014
The software segment, which currently accounts for 39% of manufacturing IT spending, and the IT services segment with 25% of IT spending, will grow the fastest in the region, representing a combined 69% share of total CEE manufacturing IT spending by 2018.
In addition, 3rd Platform technologies will finally begin to play a more substantial role in all these integrated environments and applications, with business intelligence (BI) and mobility applications becoming "must have" features for the success of manufacturing entities in an increasingly complex industry. This shift places greater demand on IT functions to ensure integrated environments can function both internally and externally, and foster faster and better decision making.
"CEE markets still promise favorable growth rates in 2014, especially in the advanced manufacturing industries," says Martin Kuban, analyst with IDC CEMA manufacturing insights. "The transformation in CEE manufacturing is reflected in higher demand for specialized software and IT services, as well as for 3rd-Platform technologies."
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IDC's Central and Eastern Europe Manufacturing Sector 2013 IT Spending and 2014–2018 Forecast provides IT spending data and forecasts for 16 manufacturing segments in the aforementioned core countries. It is designed to help IT suppliers identify short- and long-term opportunities and manufacturers to assess the state of the market and the implications for regional competition.
About IDC - International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. For more than 50 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.
About IDC Manufacturing Insights - IDC Manufacturing Insights is an advisory services and market research firm that closely follows the payer, provider, and life-science segments of the healthcare industry, with special emphasis on developing and employing strategies that leverage IT investments to maximize organizational performance. For more information, please visit www.idc-mi.com, email email@example.com, or visit the IDC Manufacturing Insights Community at http://idc-insights-community.com/manufacturing.
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