Abstract

This IDC study discusses how technology-oriented value chains (TOVCs) are on a mission to digitally transform to create integrated products and services in such a way that innovation accelerates and enables additional revenue throughout the product life cycle, without negatively impacting the ability to scale to profitable volumes.

According to Simon Ellis, vice president, IDC Manufacturing Insights, "Manufacturers in these value chains recognize what is needed to truly digitally transform and traverse their digital journey. This demands companies begin with a common definition of the mission, strategic priorities, and programs so that individual projects or use cases support the overall objectives and creates value across the ecosystem."


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