By using this site, you agree to the IDC Privacy Policy

Oct 2017 - IDC FutureScape - Doc # US42126117

IDC FutureScape: Worldwide Manufacturing 2018 Predictions

By: Kimberly Knickle, Heather Ashton, Simon EllisProgram Vice President, Jeffrey HojloProgram Director, Product Innovation Strategies, Maggie SlowikSenior Research Analyst, Lorenzo VeronesiResearch Manager, EMEA

Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Manufacturing 2018 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2020, 60% of G2000 Manufacturers Will Rely on Digital Platforms That Enhance Their Investments in Ecosystems and Experiences and Support as much as 30% of Their Overall Revenue

Associated Drivers

IT Impact

Guidance

Prediction 2: By 2021, 20% of G2000 Manufacturers Will Depend on a Secure Backbone of Embedded Intelligence, Using IoT, Blockchain, and Cognitive, to Automate Large-Scale Processes and Speed Execution Times by up to 25%

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2020, 75% of All Manufacturers Will Participate in Industry Clouds, Although Only One-Third of Those Manufacturers Will Be Monetizing Their Data Contributions

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2019, the Need to Integrate Operational Technology and Information Technology as a Result of IoT Will Have Led to More than 30% of All IT and OT Technical Staff Having Direct Project Experience in Both Fields

Associated Drivers

IT Impact

Guidance

Prediction 5: By 2019, 50% of Manufacturers Will Be Collaborating Directly with Customers and Consumers Regarding New and Improved Product Designs Through Cloud-Based Crowdsourcing, Virtual Reality, and Product Virtualization, Realizing up to a 25% Improvement in Product Success Rates

Associated Drivers

IT Impact

Guidance

Prediction 6: In 2020, Augmented Reality and Mobile Devices Will Drive the Transition to the Gig Economy in the Service Industry, with "Experts for Hire" Replacing 20% of Dedicated Customer and Field Service Workers, Starting with Consumer Durables and Electronics

Associated Drivers

IT Impact

Guidance

Prediction 7: By the End of 2020, One-Third of All Manufacturing Supply Chains Will Be Using Analytics-Driven Cognitive Capabilities, Thus Increasing Cost Efficiency by 10% and Service Performance by 5%

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2020, 80% of Supply Chain Interactions Will Happen Across Cloud-Based Commerce Networks, Dramatically Improving Participants' Resiliency and Reducing the Impact of Supply Disruptions by up to One-Third

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2020, 25% of Manufacturers in Select Subsectors Will Have Balanced Production with Demand Cadence and Achieved Greater Customization Through Intelligent and Flexible Assets

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2019, 15% of Manufacturers That Manage Data-Intensive Production and Supply Chain Processes Will Be Leveraging Cloud-Based Execution Models That Depend on Edge Analytics to Enable Real-Time Visibility and Augment Operational Flexibility

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

Accelerating DX — Technology-Centric Transformation Altering Business and Society

DX Delta — Leaders and Disruptors Widen the Performance Gap

Human Versus Machine — The Impact of AI and Automation

Sense, Compute, Actuate — The New Data-Centric Paradigm

Platform Disruption — Unleashing Digital Innovation's Power for Scale

Empowering the Material World — Revolutionized Processes Expand Technology's Reach

Innovation Impasse — Legacy Systems Constraining Transformation

Learn More

Related Research

Content


Related Links