The most popular and comprehensive Open Source ECM platform
Let us know more
Manufacturing: Technology to Reshape Manufacturing
The top 10 IDC Predictions for the Manufacturing Industry in 2014 are as follows:
- Manufacturers will begin to build 3D value chains
- Operational, information, and consumer technology will converge to reshape the nature of manufacturing technology
- Operational resiliency will be the focus of supply chain strategies in 2014
- Supply chain technology investment will focus on modernization
- B2B commerce modernization will be a high priority for 2014
- Product lifecycle management (PLM) strategies become increasingly global, multidisciplinary, innovation-based, and customer-focused
- PLM initiatives will focus on value realization
- Manufacturers will invest in “Servitization optimization“
- Factories will increasingly add technology, driving a manufacturing renaissance
- Investments in plant floor IT will increase
Robert Parker, Group Vice President and General Manager, IDC Manufacturing Insights, said that “the manufacturing industry has an established track record of continuously improving productivity and is at the cusp of a new wave of gains that will dramatically restructure value chains to be closer to demand regardless of direct labor costs. This is being driven by an ‘intelligent economy’ where customers are more informed, talent is at a premium, and the time to react to changes is compressed. In 2014, companies should put together a set of business initiatives across critical line of business areas such as supply chain, factory operations, product management, and customer experience/aftermarket services, and follow a progression toward the principles of the ‘3D’ value chain.”
