TECH BUYER Oct 2020 - IDC FutureScape - Doc # US46912620

IDC FutureScape: Worldwide Manufacturing 2021 Predictions

By:

Reid Paquin
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, Maggie Slowik, Sampath Kumar Venkataswamy,
Jan Burian
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,
Simon Ellis
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,
Jeffrey Hojlo
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,
Stephanie Krishnan
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,
Stefanie Naujoks
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,
Aly Pinder
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,
Kevin Prouty
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,
Lorenzo Veronesi
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Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Manufacturing 2021 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2026, 70% of G2000 Companies Will Use AI to Develop Guidance and Insights for Risk-Based Operational Decision Making, Compared with Less Than 5% of the G2000 Today

Associated Drivers

IT Impact

Guidance

Prediction 2: By 2022, to Support Autonomous Operations, Organizations Will Increase Their Investments in Data Governance, Digital Engineering Organizations, and Digital Operations Technologies by 40%

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2024, 50% of G2000 Organizations Will Develop Industry Ecosystem Digital Operation Centers to Monitor Capacity, Expertise, Market, and Environmental Conditions for 50% Faster Time to Market

Associated Drivers

IT Impact

Guidance

Prediction 4: By the End of 2021, 90% of All Manufacturing Supply Chains Will Have Invested in the Technology and Business Processes Necessary for True Resiliency, Resulting in Productivity Improvements of 5%

Associated Drivers

IT Impact

Guidance

Prediction 5: By 2023, Manufacturers Will Reduce Onsite Personnel by 30%, Utilizing Machine Vision and AR/VR to Scale Offsite Expertise to Onsite, Delivering Engineering and Maintenance Support from Anywhere

Associated Drivers

IT Impact

Guidance

Prediction 6: By 2023, 25% of Manufacturers Will Consolidate Their Enterprise Applications Through Solutions That Can Enable Multivendor Capabilities and Streamline the Industry 4.0 Technology Stacks Requirements

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2024, 60% of Manufacturers Will Participate in Distributed Supply Chain Network to Reduce the Risk of an Unplanned Disruption in Their Value Chain

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2022, Due to COVID-19, 70% of Consumer-Facing Manufacturers Will Leverage New Direct-to-Consumer Channels, Producing Up to 15% More Profits, Improved Customer Satisfaction, and Business Resiliency

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2023, 30% of Manufacturers Will Enhance Their Shop Floor Digital Twin with Real-Time Signal Transponder Data, Leading to an 80% Reduction in Logistic Bottlenecks in Shop Floor and Storage Areas

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2024, 75% of Manufacturers Will Embed Quality Management Across the Value Chain, Including the Supply Chain and Field Service, Reducing Overall Cost of Quality by 25%

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

Accelerated Disruption — Crisis, Resilience, and Opportunity

Description

Context

The Next Normal — Resilient Business and Operating Models

Description

Context

Intelligence Everywhere — Data Drives Action

Description

Context

Rethinking Globalization — Disruptions Challenge Resilience

Description

Context

Digital Platform — Ecosystems at Scale

Description

Context

Customer Engagement Redefined — Safe, Secure, and Sustainable Digital Experience

Description

Context

Work Transformation — Redefining Teams, Skills, and Leadership

Description

Context

Learn More

Related Research

Content


Related Links