Smart Manufacturing >
New Research
-
Aug-23
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2023: Asset-Oriented Value Chains in the Manufacturing Industry
| Document Preview
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2023: Asset-Oriented Value Chains in the Manufacturing Industry
Aug-23 DOC # US51062023 Study
Authors:
Summary
This IDC study discusses how asset-oriented value chains (chemicals, metals, and pulp/paper) are on a mission to digitally transform to develop a model for collaborative innovation.
Reid Paquin, research director, IT Priorities and Strategies, IDC Manufacturing Insights, said, "Rising economic pressures are causing AOVC value chains to rethink their priorities and how to utilize digital technology to optimize performance. The first step every organization should take is to formulate a common definition of their mission, strategic priorities, and programs so that individual projects or use cases support overall business objectives."
-
May-23
5G Trends and Applications in Asia/Pacific Manufacturing
| Document Preview
5G Trends and Applications in Asia/Pacific Manufacturing
May-23 DOC # AP49341222 Presentation
Authors:
Summary
This IDC Tech Buyer Presentation presents 5G technology trends, adoption metrics, investments, and associated regulatory initiatives. It also provides a top-level view of the prominent vendors in this field, along with relevant examples that highlight possible use cases that can be implemented within the next 12 months.
As the need for improved reliability and latency increases, the need for advanced communication technologies that support large data transfer rates also rises. 5G technology, to a large extent, aids in addressing traditional networking challenges but has its own set of issues around policy readiness, standardization, costs, ecosystem maturity, and skill set availability. Although several implementation cases are still in the pilot phase, the benefits accrued justify the associated efforts.
-
May-23
Asia/Pacific (Excluding Japan) Manufacturing IT Applications Forecast, 2022–2025
| Document Preview
Asia/Pacific (Excluding Japan) Manufacturing IT Applications Forecast, 2022–2025
May-23 DOC # AP47806122 Study
Authors:
Summary
This IDC Market Forecast presents a five-year forecast for the Asia/Pacific (excluding Japan) (APEJ) manufacturing IT applications industry as of September 2020. It reviews and analyzes market context, including both drivers and inhibitors of IT applications growth. It also highlights significant market developments, provides the best estimates of IT spending and forecast by key segment, and offers advice to technology suppliers on how to drive opportunities.
"The spending projections and investments show improved market sentiment and appetite for infrastructure and application modernization that would be critical to enable value chain visibility and, subsequently, resilience," says Sampath Kumar Venkataswamy, senior research manager, IDC Asia/Pacific Manufacturing Insights.
-
May-23
COP26: What Is the Climate Goal and How Can Technologies Help the Energy Sector?
| Document Preview
COP26: What Is the Climate Goal and How Can Technologies Help the Energy Sector?
May-23 DOC # AP48354521 Insight
Authors:
Summary
This IDC Perspective is the first research article in a publication series related to current discussions on sustainability and explains the ins and outs of the 26th UN Climate Change Conference of the Parties (COP26) and the current decarbonizing progress. It explores the role of technologies in tackling climate change and how it can empower oil and gas, utilities, manufacturing, and the metals and mining industries to thrive in the tectonic shift.
-
May-23
IDC Perspective: Vision-Based Quality Management Systems
| Document Preview
IDC Perspective: Vision-Based Quality Management Systems
May-23 DOC # AP48624422 Insight
Authors:
Summary
This IDC Perspective covers an overview of the role of advanced vision technology solutions and their implications on manufacturing quality management system (QMS). The integration of artificial intelligence (AI) and deep learning (DL) data models into vision systems unlocks a whole new level of applications, moving beyond quality inspections to business operations. The deployment of vision system over cloud, edge, or hybrid platforms will improve decision model accuracy while simultaneously enabling remote monitoring and tracking for faster decision making in business operations.
"AI-based vision technology will drive vision system beyond conventional manufacturing quality inspection, creating significant value to business processes and providing a fast, consistent, and accurate AI-powered decision support. Organizations that are looking into implementing vision technology into their business operations need to keep in mind that the accuracy of AI or DL decision models relies on a significant amount of data. This means that both hardware and software infrastructures need to be sufficient to support the processing demand to ensure seamless operation. Customizable data models and the versatile options of vision system are the keys in the successful deployment that leads to improvement in organizational efficiency," says Wai Yee Lee, research manager, IDC Asia/Pacific Manufacturing Insights.
-
May-23
IDC PlanScape: Digital Transformation Strategies to Support Sustainable Manufacturing
| Document Preview
IDC PlanScape: Digital Transformation Strategies to Support Sustainable Manufacturing
May-23 DOC # AP48624522 IDC DecisionScape
Authors:
Summary
This IDC PlanScape discusses the digital transformation (DX) strategies that support manufacturing sustainability goals that would impact future organizational, operational, and sustainability goals. Sustainable strategies are helping with improvements in the manufacturing landscape. The climate crisis in today's world urges us to rethink business practices. Businesses across Asia/Pacific (AP) are under pressure to meet the regulatory requirements that aid in mitigating the challenges of climate change and environmentally sustainable manufacturing practices. Ecologically sustainable manufacturing is where efficient production of goods occurs using processes that minimize the waste of energy, water, and other resources.
"Sustainability is now a compulsory element in organization strategy and operations to increase growth and competitiveness. Successful deployment of DX strategies for sustainable manufacturing requires a joint effort from multidisciplinary teams in the organization and stakeholders across their value chain. Prudent strategic DX planning and technology investment through use case selection are essential to grow companies' sustainability capabilities to a achieve short- and long-term organization goals," says Wai Yee Lee, research manager, IDC Manufacturing Insights.
-
May-23
IDC PlanScape: Distributed Computing Needs in Manufacturing
| Document Preview
IDC PlanScape: Distributed Computing Needs in Manufacturing
May-23 DOC # AP48624122 IDC DecisionScape
Authors:
Summary
This IDC PlanScape discusses the benefits of distributed computing in addressing the challenges faced by manufacturers. The elements of the distributed computing and adoption strategy are highlighted in this document, giving technology buyers an in-depth perspective on the advantages of the distributed computing system architecture in manufacturers' business operations. Production examples of use case applications in various functional areas within manufacturing organizations are discussed, providing decision makers an insight into possible business outcomes from digital infrastructure investments.
"The proliferation of connected devices and industrial automation generates a data-intensive environment in manufacturing organizations. Cross-production collaboration with multiple sites is necessary to serve the dynamic market and customer demand. Organizations need to transition and transform their digital infrastructure into a reliable, agile, and high-performance computing system to drive operational efficiency and increase customer satisfaction," says Wai Yee Lee, research manager, IDC Asia/Pacific Manufacturing Insights.
-
May-23
IDC PlanScape: Role of Real-Time Shop Floor Data in APEJ Manufacturing
| Document Preview
IDC PlanScape: Role of Real-Time Shop Floor Data in APEJ Manufacturing
May-23 DOC # AP47809121 IDC DecisionScape
Authors:
Summary
This IDC PlanScape aims to provide a comprehensive understanding of the impact of real-time data monitoring on the shop floor and how manufacturers can adopt this technology to improve their process efficiencies.
"Capturing shop floor metrics in real time will be vital to understanding the underlying operational challenges and to ensuring that relevant corrective actions can be taken to reduce the effect of unscheduled downtimes," says Sampath Kumar Venkataswamy, senior research manager, IDC Asia/Pacific Manufacturing Insights.
-
May-23
IDC Survey Spotlight: Where Is the Priority Being Placed for Connectivity Spending for Asia/Pacific Manufacturing Organizations in 2022?
| Document Preview
IDC Survey Spotlight: Where Is the Priority Being Placed for Connectivity Spending for Asia/Pacific Manufacturing Organizations in 2022?
May-23 DOC # AP49355822 Presentation
Authors:
Summary
This IDC Survey Spotlight examines the connectivity services spend by Asia/Pacific manufacturers. Data has been the core of manufacturing process evolution and the role of connectivity technologies is to aid in capturing these operational metrics and curating insights in real time. Interestingly, several manufacturing organizations have admitted to investing in technologies that can help track, source, and store their operational digital footprint but do nothing beyond that. The objective of these datasets is not only for identifying historical markers that affect asset productivity, but also for predicting future aberrations and outages. And that would be possible through computing architectures either on edge or cloud by partnering with managed network SPs that can bring in industry best practices and frameworks based on existing network infrastructure maturities.
-
May-23
Manufacturing Trends in Malaysia
| Document Preview
Manufacturing Trends in Malaysia
May-23 DOC # AP46311421 Presentation
Authors:
Summary
This IDC presentation discusses emerging trends in the manufacturing sector in Malaysia. Despite the opportunity, there are several challenges that the manufacturing industry in Malaysia has been grappling with, such as the transition to a high value-add economy and the skill gaps to drive research and development (R&D) efforts. The initiatives that have been launched in the past two years look at mitigating the skill gaps to a certain extent, but policy structures targeting investments for new-age products should also be a core focus area to ensure that innovation efforts yield tangible and sustained revenues.
"The manufacturing outlook in Malaysia has improved significantly toward the end of CY 3Q21, driven largely by a revival in international demand for electrical and electronics components. But the constraints around global supply chain movement primarily due to freight delays continues to be a significant factor adversely affecting the planning and delivery drives," says Sampath Kumar Venkataswamy, senior research manager, IDC Asia/Pacific Manufacturing Insights."
-
May-23
IDC MarketScape: Asia/Pacific Manufacturing Cloud Enterprise Resource Planning 2021 Vendor Assessment
| Document Preview
IDC MarketScape: Asia/Pacific Manufacturing Cloud Enterprise Resource Planning 2021 Vendor Assessment
May-23 DOC # AP46741021 IDC DecisionScape
Authors:
Summary
This IDC study provides an assessment of the leading software-as-a-service (SaaS) and cloud-enabled manufacturing enterprise resource planning (ERP) software solutions in Asia/Pacific and discusses the most important criteria for manufacturers to consider when selecting a system.
"We have been seeing increased traction from on-premises to cloud enterprise applications in the last couple of years. The changing manufacturing landscape and significant interest toward remote monitoring and maintenance continue to be among the major drivers for organizations choosing cloud-based ERP applications," says Sampath Kumar Venkataswamy, research manager, IDC Asia/Pacific Manufacturing Insights.
-
May-23
IDC PeerScape: Best Practices for Asia/Pacific Manufacturing Organizations After the COVID-19 Pandemic
| Document Preview
IDC PeerScape: Best Practices for Asia/Pacific Manufacturing Organizations After the COVID-19 Pandemic
May-23 DOC # AP47214021 IDC DecisionScape
Authors:
Summary
This IDC PeerScape document provides insights from the tech buyer community on how organizations can prepare themselves from getting affected from future disruptions by highlighting some of the best practices that need to be adopted across the complete value chain. The adoption of these practices will ensure that organizations stay resilient and have the operational visibility that aids in staying ahead of the market and disruptions.
"Several manufacturing firms were caught unprepared during the COVID-19 crisis and, more importantly, did not have robust contingency measures in place to mitigate the effect of market disruptions. As organizations look to wade through these trying times, they also need to start making strategic process and technology investments that allow them to remain operationally resilient," says Sampath Kumar Venkataswamy, research manager, IDC Asia/Pacific Manufacturing Insights.
-
Apr-23
IDC MarketScape: Worldwide Engineering-Intensive Manufacturing Execution Systems 2023 Vendor Assessment
| Document Preview
IDC MarketScape: Worldwide Engineering-Intensive Manufacturing Execution Systems 2023 Vendor Assessment
Apr-23 DOC # US49435622 IDC DecisionScape
Authors:
Summary
This IDC MarketScape includes software providers in the manufacturing execution system (MES) market serving engineering-intensive manufacturing subindustries, namely aerospace and defense, naval and shipbuilding, train and locomotives, and industrial machinery and equipment (ETO). This document is part of a four-report series that focuses on the MES market.
Complex engineered manufacturing requires sophisticated production process that provides companies the ability to navigate through extremely complex bill of materials marked by frequent design changes. It is also reliant on advanced skills and must comply with the toughest regulations.
"Today, the factory is crucial in this sector," said Lorenzo Veronesi, associate research director, IDC Manufacturing Insights. "Therefore, it is essential that factory leaders evaluate their future manufacturing execution systems using expert information to make the best decision."
-
Apr-23
IDC MarketScape: Worldwide High-Tech and Electronics Manufacturing Execution Systems 2023 Vendor Assessment
| Document Preview
IDC MarketScape: Worldwide High-Tech and Electronics Manufacturing Execution Systems 2023 Vendor Assessment
Apr-23 DOC # US49435722 IDC DecisionScape
Authors:
Summary
This IDC MarketScape examines software providers in the MES market for high-tech and electronics manufacturing subindustries, namely semiconductors, electronic components, and high-tech OEMs. This document is part of a four-report series that includes the following three other reports:
- IDC MarketScape Worldwide Discrete Manufacturing Execution Systems 2023 Vendor Assessment
- IDC MarketScape Worldwide Engineering Intensive Manufacturing Execution Systems 2023 Vendor Assessment
- IDC MarketScape Worldwide Process Manufacturing Execution Systems 2023 Vendor Assessment
In the high-tech sector, the delivery of innovative products to the market is essential, as the speed to which revenue opportunities appear and fade throughout the product life cycle is extremely quick. Scaling to profitable volumes without compromising on quality and cost is paramount.
"The factory is crucial in this sector," said Lorenzo Veronesi, associate research director, IDC Manufacturing Insights. "Therefore, it is essential that factory leaders evaluate their future manufacturing execution systems, leveraging expert information to make the best decisions."
-
Apr-23
IDC MarketScape: Asia/Pacific Manufacturing Execution Systems 2023 Vendor Assessment
| Document Preview
IDC MarketScape: Asia/Pacific Manufacturing Execution Systems 2023 Vendor Assessment
Apr-23 DOC # AP50532623 IDC DecisionScape
Authors:
Summary
This IDC MarketScape uses the IDC MarketScape model to provide an assessment of 15 solution providers participating in the Asia/Pacific manufacturing execution system (MES) market. This document is an evaluation based on a comprehensive framework consisting of a set of parameters that evaluate solution providers relative to one another. The parameters were evaluated using factors that are expected to be the most beneficial to the success of a vendor in a given market in both the short-term and long-term perspective.
"Manufacturers are constantly looking to improve their production efficiency. An MES solution is an indispensable tool that provides manufacturers with the ability to control, execute, monitor, and analyze their production operations performance in real time. Solution providers need to support and help manufacturers in customizing and integrating the solution, ensuring that their organization can gain optimal benefits and achieve short-term and long-term organizational goals," says Dr. Wai Yee Lee, research manager, IDC Manufacturing Insights.
-
Apr-23
IDC MarketScape: Worldwide Discrete Manufacturing Execution Systems 2023 Vendor Assessment
| Document Preview
IDC MarketScape: Worldwide Discrete Manufacturing Execution Systems 2023 Vendor Assessment
Apr-23 DOC # US49435422 IDC DecisionScape
Authors:
Summary
This IDC MarketScape examines software providers in the MES market serving the discrete manufacturing industry, which includes industrial machinery and equipment (MTS, MTO), automotive and tier 1 suppliers, medical devices, and metal fabrication (discrete assembly). This document is part of a four-report series that includes the following three other reports:
- IDC MarketScape Worldwide Engineering Intensive Manufacturing Execution Systems 2023 Vendor Assessment
- IDC MarketScape Worldwide High-Tech and Electronics Manufacturing Execution Systems 2023 Vendor Assessment
- IDC MarketScape Worldwide Process Manufacturing Execution Systems 2023 Vendor Assessment
The current focus in discrete manufacturing is to create experience ecosystems that transform the focus from designing, selling, and servicing complex products to one in which the product becomes the platform through which new digital products and services are delivered. Nevertheless, the importance of the factory stays crucial. Discrete manufacturing companies must develop the necessary production capabilities to compete in a digital economy.
"The factory is crucial in this sector," said Lorenzo Veronesi, associate research director, IDC Manufacturing Insights. "Therefore, it is essential that factory leaders evaluate their future manufacturing execution systems, leveraging expert information to make the best decisions."
-
Apr-23
IDC MarketScape: Worldwide Process Manufacturing Execution Systems 2023 Vendor Assessment
| Document Preview
IDC MarketScape: Worldwide Process Manufacturing Execution Systems 2023 Vendor Assessment
Apr-23 DOC # EUR150526323 IDC DecisionScape
Authors:
Summary
This IDC MarketScape includes software providers in the MES market serving process manufacturing subindustries, which includes chemicals; rubber & plastics; pulp & paper; metals & materials; food, beverage, & tobacco; and personal/home care. This document is part of a four-report series that includes the following three other reports:
- IDC MarketScape Worldwide Discrete Manufacturing Execution Systems 2023 Vendor Assessment
- IDC MarketScape Worldwide Engineering Intensive Manufacturing Execution Systems 2023 Vendor Assessment
- IDC MarketScape Worldwide High-Tech and Electronics Manufacturing Execution Systems 2023 Vendor Assessment
Raised energy costs, the need to comply with tough regulations, and the ever-growing pressure from customers are making the life of asset-intensive producers such as process manufacturers extremely tough.
"The factory is crucial in this sector," said Lorenzo Veronesi, associate research director, IDC Manufacturing Insights. "Therefore, it is essential that factory leaders evaluate their future manufacturing execution systems, leveraging expert information to make the best decisions."
-
Mar-23
IDC FutureScape: Worldwide Manufacturing 2022 Predictions — Asia/Pacific (Excluding Japan) Implications
| Document Preview
IDC FutureScape: Worldwide Manufacturing 2022 Predictions — Asia/Pacific (Excluding Japan) Implications
Mar-23 DOC # AP47811522 Presentation
Authors:
Summary
Several manufacturing organizations in Asia/Pacific have been on a recovery path in 2021 and were able to record appreciable revenue growth primarily because of rebound in customer spending and relaxation in lockdown norms. The focus for organizations both from technology investment and process improvement points of view has been around enabling remote collaboration and visibility. Enabling data transparency to address the productivity challenges while identifying new revenue streams and options continues to be a major priority for regional manufacturers.
This IDC FutureScape covers the manufacturing industry's global and regional outlook and the top 10 predictions for 2022, which attempt to explain technologies as viable enablers. Each prediction is presented based on timeline projection, complexity assessment, and organizational impact in Asia/Pacific (excluding Japan) (APEJ). This presentation also includes insights into regional use cases and examples, as well as the regional outlook for manufacturing over the next five years.
-
Mar-23
IDC Market Glance: Smart Manufacturing, 1Q23
| Document Preview
IDC Market Glance: Smart Manufacturing, 1Q23
Mar-23 DOC # EUR149928222 Presentation
Authors:
Summary
This IDC Market Presentation provides a glance at the current makeup of the smart manufacturing market landscape for manufacturing industries.
-
Jan-23
NVIDIA's Launch of Omniverse Cloud Services: Opportunities for Industrial Metaverse Concept Development
| Document Preview
NVIDIA's Launch of Omniverse Cloud Services: Opportunities for Industrial Metaverse Concept Development
Jan-23 DOC # EUR250011423 Insight
Authors:
Summary
This IDC Market Note covers NVIDIA's recent plans to launch Omniverse Cloud services for building and operating industrial metaverse applications. NVIDIA will provide developers and enterprise teams with a comprehensive suite of cloud services to design, publish, operate, and experience metaverse applications from anywhere.
"When dealing with industrial metaverse projects, most companies may feel overwhelmed by technological complexities. The availability of one-stop solutions such as NVIDIA's Omniverse Cloud, combined with the support of companies such as AWS and Siemens, can make this journey easier and faster for companies willing to take the leap." — Jan Burian, associate vice president, IDC Manufacturing Insights
-
Dec-22
IDC's European Manufacturing Summit 2022: Analyst Snapshot
| Document Preview
IDC's European Manufacturing Summit 2022: Analyst Snapshot
Dec-22 DOC # EUR149914621 Insight
Authors:
Summary
This IDC Perspective summarizes key takeaways from IDC's European Manufacturing Digital Summit 2022, which took place on November 15, 2022. The key theme of this year's summit was "Thriving in the Manufacturing Industry with PRIME." An impressive panel of speakers from our partners and manufacturing CXO community, complemented by insights from our European IDC Manufacturing Insights team, contributed to this event.
"The IDC European Manufacturing Digital Summit 2022 was very well-received by our manufacturing CXO community and our partners as it provided an opportunity to get the latest insights from IDC and its partners, discuss industry challenges, share lessons learned, and network with peer groups. The theme for our summit was 'Thriving in the manufacturing industry with PRIME' — a framework designed by the IDC Insights team to guide CEOs and C-suites on how manufacturers can master the current storms of disruption and thrive in the future by focusing on the five key elements: Purpose, Resilience, Imagination, Mastery, and Ecosystems. We have already started prep work for our next year's executive exchange scheduled on May 22 and 23 in Cascais, Portugal. We look forward to continuing the dialogue with our 2023 theme 'The Purpose-Led Manufacturer: Thriving with Impact, Scale, and Trust'," said Gunjan Bassi, research manager, IDC Manufacturing Insights, Europe.
-
Oct-22
State of Manufacturing: Europe Q4 2022
| Document Preview
State of Manufacturing: Europe Q4 2022
Oct-22 DOC # EUR249766822 Presentation
Authors:
Summary
This IDC Tech Buyer Presentation examines the implications of the prevailing macroeconomic situation on manufacturing organizations in the eurozone (the European Union and U.K.). With the euro area suffering from high energy prices, supply chain chaos, labor shortages, and rising inflation, manufacturing organizations must fight many battles to remain profitable and competitive at the global level.
This presentation provides technology suppliers with information about how manufacturing companies are changing their priorities to address the accelerating pace of disruption. It highlights the technological areas in which end-user organizations expect inflation to have the greatest impact. It also recommends actions that should be taken to tackle the changing business conditions affecting manufacturing organizations in Europe.
-
Oct-22
IDC FutureScape: Worldwide Future of Industry Ecosystems 2023 Predictions
| Document Preview
IDC FutureScape: Worldwide Future of Industry Ecosystems 2023 Predictions
Oct-22 DOC # US49372022 IDC DecisionScape
Authors:
Summary
This IDC study presents the top 10 predictions for the future of industry ecosystems for the next six years.
"Extending and opening innovation, collaboration, and operation with partners across an ecosystem inside and outside any given industry has become a critical strategy for executives and their organizations. The world and each industry landscape are too complex, dynamic, and disruptive for any one organization to address on its own. The pace of innovation makes it difficult for organizations to keep up. As such, every organization needs an external source of data, insights, applications, operations, and expertise to complement and grow their business. Expansion, collaboration, and innovation with industry ecosystems has become the next phase of digital transformation for every organization," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems.
-
Oct-22
IDC FutureScape: Worldwide Manufacturing 2023 Predictions
| Document Preview
IDC FutureScape: Worldwide Manufacturing 2023 Predictions
Oct-22 DOC # US48630122 IDC DecisionScape
Authors:
Summary
This IDC study provides manufacturers with the top 10 predictions and underlying drivers that we expect to impact manufacturers' IT investments in 2023 and beyond. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.
"The manufacturing industry has maintained its rapid pace of change and disruption, making the ability to adapt a premium. Manufacturers have encountered many challenges in their efforts to become more resilient while maintaining efficiency, but one of the most cited issues are outdated/legacy systems. While the predictions highlighted touch upon many areas of the business, the main theme that can be tied back to is having the proper digital infrastructure in place to serve as the foundation for transformation," according to Reid Paquin, research director of IDC Manufacturing Insights' IT Priorities and Strategies program.
-
Oct-22
IDC FutureScape: Worldwide Manufacturing Product and Service Innovation 2023 Predictions
| Document Preview
IDC FutureScape: Worldwide Manufacturing Product and Service Innovation 2023 Predictions
Oct-22 DOC # US48627622 IDC DecisionScape
Authors:
Summary
This IDC study provides IDC's top 10 predictions for manufacturing product and service innovation for 2023 and beyond.
"The threat of disruption has sped up many manufacturers in their prioritization of a shift to a digital business and resilient organization. Manufacturers across value chains that include engineering, asset, brand, and high-tech-oriented environments all understand at varying speeds a need to shift their value proposition to customers and stakeholders. The ability to leverage quality data sources to make real-time and better-informed decisions have become the foundation for digital transformation initiatives. Over the coming half decade, manufacturers must face both the challenges and opportunities of digitally driven business transformation, which can deliver better products, faster service, and quality customer outcomes," said Aly Pinder, program director, Service Innovation and Connected Products Strategies at IDC Manufacturing Insights.
-
Oct-22
IDC MaturityScape: Smart Manufacturing 2.0
| Document Preview
IDC MaturityScape: Smart Manufacturing 2.0
Oct-22 DOC # EUR149722222 IDC DecisionScape
Authors:
Summary
This IDC MaturityScape describes smart manufacturing. It also provides a framework for executive leadership, IT, and production managers to identify the stages, critical measures, outcomes, and actions required for organizations to evaluate and evolve their digital factory strategies. Organizations should use this study to identify where they stand in relation to modern digital capabilities and create a path toward achieving world-class manufacturing processes. In addition, organizations can use this IDC MaturityScape as a tool to promote cross-functional and interorganizational collaboration to drive performance improvement and bring end-to-end alignment between the network of manufacturing operations and other business functions such as product design and supply chain.
"Now more than ever, companies must look into digital transformation as an important ingredient for building long-term resilience in manufacturing. In this IDC MaturityScape, we offer a model to help companies know where they stand and take steps to drive their progress," said Lorenzo Veronesi, associate research director, IDC Manufacturing Insights.