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Manufacturing IT: Digital Manufacturing to Revolutionize Businesses

By Dick Weisinger

IDC recently made the following predictions for how IT will affect global manufacturing:

  • Investment in IT will promote “customer centricity” and help businesses become more responsive to customers, boosting their market share by 2 to 3 percentage points.
  • 90 percent of manufacturers will dictate their company global standards on suppliers and outsourcers to decrease risk and increase market opportunity
  • 65 percent of manufacturers will implement metrics that will help them evaluate and drive change
  • 75 percent of manufacturers will digitally connect their processes to drive speed and responsiveness to customers
  • 50 percent of manufacturers will streamline their logistics network by using technology like 3D Printing, Robotics, and Cognitive Computing
  • 20 percent of manufacturers will reshape their IT portfolios and hire IT-savvy workers to enable digital-controlled manufacturing
  • By 2017, 40 percent of manufacturers will use virtual product modeling and simulation to improve product design and the manufacturing process.
  • By 2017, 50 percent of manufacturers will be using the cloud, mobility and advanced analytics to facilitate innovation.
  • By 2018, top 100 global manufacturers will have adopted a product innovation platform to improve product quality.  The platform enables product, manufacturing, supply chain and service to all better work together, with improved decisions and collaborations.

 

 

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