Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Manufacturing 2020 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2023, 65% of the Global Manufacturers Will Realize a Savings of 10% in Operational Expenses Through Process Digital Twins Driven by IoT and ML Routines That Factor in Unstructured Data Sets

Associated Drivers

IT Impact

Guidance

Prediction 2: By the End of 2021, Half of All Manufacturing Supply Chains Will Have Invested in Supply Chain Resiliency and Artificial Intelligence, Resulting in Productivity Improvements of 15%

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2021, 30% of Manufacturers Will Have a Digital Application Unit That Will Use Low-Code Technologies to Create Business-Relevant Applications Without Needing the Coding Skills Required

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2023, 60% of G2000 Manufacturers Will Address Growing Industry Talent Shortages by Making Significant Investments in Intelligent Robotic Process Automation

Associated Drivers

IT Impact

Guidance

Prediction 5: The Need for Operational Resiliency with Data-Driven Processes Will Lead 60% of Manufacturers to Shift Their Smart Factory Strategy Focus from Technology Implementation to Process Change Management by 2022

Associated Drivers

IT Impact

Guidance

Prediction 6: Driven by Increased Requirements for Sustainability, by 2025, 30% of Manufacturers Will Be Utilizing Blockchain and IoT to Provide Reliable Provenance, Leading to a 90% Increase in Audit Efficiency

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2021, 20% of Manufacturing Companies Will Have Started to Treat Their Assets as Internal Customers, Leading to a 40% Reduction in Asset Downtime

Associated Drivers

IT Impact

Guidance

Prediction 8: To Lessen Critical Equipment Failures, by 2024, 40% of OEMs Will Leverage Field Asset IoT Data to Intelligently Diagnose Pending Issues and Resolve Autonomously Reducing Unplanned Downtime by 25%

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2024, 75% of All Consumer-Facing Manufacturing Companies Will Have Materially Transformed Their Supply Chains to Manage Customization at Scale, Resulting in Share Gains of 2-3%

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2022, 70% of Manufacturers Will Use Cloud-Based Innovation Platforms and Marketplaces for Cross-Industry and Customer Codevelopment That Creates 50% of New Products and Service Ideas

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

The Age of Innovation: Driving the Future Enterprise

Description

Context

The Platform Economy: Competing at Hyperscale

Description

Context

Sense, Compute, Act: Maximizing Data Value

Description

Context

Intelligence Everywhere: AI's Opportunity and Implications

Description

Context

Rising Customer Expectations: More Convenience, Customization, and Control

Description

Context

The Future of Work: Agile, Augmented, Borderless, and Reconfigurable

Description

Context

Economies of Intelligence: AI, Human, and Organizational "Learning" Fuels Asymmetrical Advantage

Description

Context

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