This IDC Market Presentation discusses the role of cloud technologies in ensuring that organizations stay resilient and provide relevant offerings. What it would entail is an integrated platform that allows coordination and collaboration at all levels of the organization.
Key takeaways from this presentation include:
- Post-lockdown, there is a marginal increase in the Purchasing Managers' Index (PMI) data indicating a little recovery.
- The public cloud services market in India manufacturing before the crisis was projected to grow by over 3.7 times in 2023, and post-crisis, these estimates will be significantly affected, although cloud as a technology will still be one of the dominant investment categories.
- Key applications that are highlighted and expected to move from on-premises to cloud are supply chain management (SCM), customer relationship management (CRM), and product life-cycle management (PLM).
- Workloads across the value chain will pivot toward enabling real-time visibility and operational agility that would aid organizations to react better and address the challenges arising out of disruptions.
- Forming channel partnerships, along with industry-specific solution sets, can aid in addressing niche opportunities in the manufacturing sector.
"The lack of centralized decision making and monitoring capabilities in manufacturing organizations has been highlighted by the current crisis, which incidentally could also serve as an inflection point for digital technology investments supported by connectivity infrastructure upgrades," says Sampath Kumar Venkataswamy, research manager, IDC Manufacturing Insights.
Customer relationship management applications, Digital transformation, Disaster recovery, Engineering applications, Enterprise resource management applications, Global IT and economic markets, Infrastructure as a service, Platform as a service, Public cloud services, Software as a service, Supply chain management applications