target audience: TECH SUPPLIER Publication date: Jul 2022 - Document type: Taxonomy - Doc Document number: # US49294222
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Engineering-Oriented Value Chains in the Manufacturing Industry
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Abstract
This IDC study discusses how engineering-oriented value chains (automotive, aerospace, machinery, and equipment) are on a mission to digitally transform to create an ecosystem-based experience.
According to John Snow, program director, IDC Manufacturing Insights, "Engineering-oriented value chains are in a state of recovery, developing resilience as they realize the benefits of digital-first business models. Adapting to market turmoil while continuing to exceed customer expectations has never been more critical to success. EOVC manufacturers need to integrate processes and connect data silos to establish an enterprisewide strategy that delivers innovative products and services to maximize the opportunities hidden within the next business disruption."