target audience: TECH BUYER Publication date: Oct 2023 - Document type: IDC Innovators - Doc Document number: # EUR251336623
IDC Innovators: Data-Driven Manufacturing Applications and Solutions, 2023
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Abstract
IDC Innovators are emerging vendors with revenues of less than $100 million that have demonstrated either a groundbreaking business model or an innovative new technology, or both. This IDC Innovators study profiles HighByte, TwinThread, 5.0 technologies, and Circular IQ, companies that have developed significant solutions to assist manufacturers by harnessing operational data, enabling their success in the competitive, complex, regulated, and dynamic industry.
"Innovative applications in manufacturing necessitate data-driven operations. These operations furnish tools with the necessary data for contextualization, analysis, and visualization. Therefore, manufacturers aiming to accelerate innovation, gain a competitive edge, and meet regulatory requirements must prioritize both data availability and software capable of transforming that data into valuable outputs and insights." — Associate Vice President Jan Burian, IDC Manufacturing Insights