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Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Manufacturing 2019 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: Pushed by the Success of Early Adopters, Over 40% of Manufacturers Will Have Enterprisewide Digital Transformation Initiatives in Place by 2021

Associated Drivers

IT Impact

Guidance

Prediction 2: By 2022, 35% of Manufacturing Organizations Will Have Created New Ecosystems by Implementing AI- and Blockchain-Centric Platforms, Thus Automating 50% of Processes

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2022, Driven by Rising Customer Expectations and Competition from the Platform Economy, 25% of Manufacturers Will Be Engaged in Cross-Industry Collaboration, Resulting in a 10% Revenue Increase

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2020, to Increase Speed, Agility, Efficiency, and Innovation, 80% of Manufacturers Will Need to Extensively Restructure, Placing Data at the Center of Their Processes

Associated Drivers

IT Impact

Guidance

Prediction 5: By 2021, 60% of Manufacturers Will Have Empowered Shop Floor Workers with AR/VR, Intelligent Apps, and Cobots, Thus Achieving Productivity Gains of up to 7% and More Attractive Work Environments

Associated Drivers

IT Impact

Guidance

Prediction 6: By 2024, Over 60% of G2000 Manufacturing Organizations Will Rely on Artificial Intelligence Platforms to Drive Digital Transformation Across the Supply Chain, Leading to Productivity Gains of Over 20%

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2022, Digital Technologies Will Have Enabled the Automation of Repetitive Operational Tasks, Leading to 50% Less Planner Intervention and "Touchless" Sales and Operations Planning

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2024, 50% of Manufacturers Will Network Related Product and Asset Digital Twins into Digital Twin Ecosystems, for a Systems-Level View of Their Business and 5% Reduction in Cost of Quality

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2021, 90% of Manufacturers Will Leverage Real-Time Equipment and Asset Performance Data to Self-Diagnose Issues in Advance and Trigger a Service Intervention to Avoid Unplanned Downtime

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2023, 50% of the Spend on DX Initiatives in Manufacturing Will Come from Dedicated Digital Transformation Budgets, Instead of Traditional IT or LOB Budgets

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

Rising Customer Expectations: More Convenience, Customization, and Control

Sense, Compute, Actuate: Turning Data into Value

Platforms, Platforms, Platforms: Industry Competes for Innovation at Scale

The Race to Innovate: Speed of Change, Delivery, and Operations Separates Thrivers and Survivors

Next Chapter of DX: Technology-Driven Transformation Altering Business and Society

Legacy Inertia: Retrofit the Old into the DX World

Emerging Autonomy: Learning to Live with AI

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Related Research

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