IDC released its worldwide manufacturing predictions for the coming year, an annual event looked forward to by manufacturing geeks everywhere. Here are the top 10 predictions from the IDC FutureScape for Worldwide Manufacturing FutureScape:
- By 2017, manufacturers will actively channel 25 percent of their IT budgets through industry clouds that enable seamless and flexible collaboration models.
- In 2015, product quality, including compliance, will underpin two-thirds of all IT application investments across the manufacturing organization.
- By 2016, 30 percent of manufacturers will invest substantially in increasing the visibility and analysis of information exchange and business processes, within the company and with partners.
- In 2015, customer centricity will require higher standards for customer service excellence, efficient innovation, and responsive manufacturing, which will motivate 75 percent of manufacturers to invest in customer-facing technologies.
- By 2017, 50 percent of manufacturers will explore the viability of micro-logistics networks to enable the promise of accelerated delivery for select products and customers.
- By 2018, 75 percent of manufacturers will be coordinating enterprise-wide planning activities under the umbrella of rapid integrated business planning.
- By 2016, 70 percent of global discrete manufacturers will offer connected products, driving increased software content and the need for systems engineering and a product innovation platform.
- By 2018, 40 percent of the top 100 discrete manufacturers and 20 percent of the top 100 process manufacturers will provide Product-as-a-Service platforms.
- In 2015, 65 percent of companies with more than 10 plants will enable the factory floor to make better decisions through investments in operational intelligence.
- Investments that enable digitally executed manufacturing will increase 50 percent by the end of 2017, as manufacturers seek to be more agile in the marketplace.
Quoted on Electronics Purchasing Strategies, Simon Ellis, practice director, IDC Manufacturing Insights, commented,
IDC Manufacturing Insights sees a number of important industry drivers that will shape the manufacturing industry for the next few years, including complex value chains, support for continuing emerging market growth, customer (and consumer) centricity, ubiquitous connectivity, and data-driven insights; these drivers inform the 10 decision imperatives for 2015 and beyond.
How do IDC’s predictions square with what you see coming in the manufacturing sector? Let us know.