TECH SUPPLIER Jun 2020 - Market Presentation - Doc # US46624418

Digital Transformation in Manufacturing: Sustainability Further Enhances Growth and Profits from Digital

By: Ravikant SharmaSenior Research Manager, Asia/Pacific Insights Consulting Group, Vijay Sarathi GollapalliResearch Manager, Reid PaquinResearch Director, Shawn FitzgeraldResearch Director, Digital Transformation Strategies

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Abstract

This IDC Market Presentation examines the benefits of digital and sustainability initiatives within manufacturing. When manufacturers take actions to serve customers better and to operate more efficiently, they are committing to becoming more digital, adaptable, and sustainable. Outcomes improve because of focused efforts to prioritize both digitization and sustainability, and IDC's Manufacturing Digital Index combined with the data sourced from the Dow Jones Sustainability Index illustrates the value clearly.

"Sustainability is not a new initiative within manufacturing, for years companies have been looking for ways to limit their consumption. While the performance for these initiatives have varied, the combination of digital technology and a high focus on sustainability is a proven approach to success. Not only can sustainability provide value to consumers and society as a whole but the potential benefits to revenue and profit cannot be overlooked," said Reid Paquin, research director, IT Priorities and Strategies, IDC Manufacturing Insights.


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