Graphic on top 10 predictions include customer centricity, global standards and value realization.
The year of 2015 is coming to an end and so the International Data Corporation (IDC) has recently released its IDC FutureScape: Worldwide Manufacturing 2016 Predictions report.
Associated with the report, IDC has also released a top 10 predictions infographic. These predictions are ranked by organizational impact and the time it may take for the prediction to become mainstream. The size of the bubbles shown indicates the complexity or cost to implement the prediction itself.
For those unable to read the image clearly, IDC’s top 10 predictions are as follows:
- By the End of 2017, manufacturers that have leveraged customer-centricity investments will gain market share growth in the range of two to three percentage points.
- In 2016, 90 percent of manufacturers will impose their global standards on all operations, including outsourced operations and suppliers, to decrease risk and increase market opportunities.
- By the end of 2016, 65 percent of manufacturers will have metrics in place to evaluate and drive pervasive changes in the workplace with their new technology investments.
- By 2019, 75 percent of manufacturing value chains will undergo an operating model transformation with digitally connected processes that improve responsiveness and productivity by 15 percent.
- By 2019, 50 percent of manufacturers will have modernized their logistics network to leverage 3D printing, robotics and cognitive computing to support innovative postponement strategies.
- By the end of 2019, enterprise wide improvements in resiliency and visibility will render short-term forecasting moot for 50 percent of all consumer products manufacturers and 25 percent of all others.
- By 2018, 60 percent of top 100 global manufacturers will be using a product innovation platform approach to drive enterprise quality throughout the product and service life cycles.
- By 2017, 40 percent of large manufacturers will use virtual simulation to model their products, manufacturing processes and service delivery to optimize product and service innovation.
- By the end of 2017, 50 percent of manufacturers will exploit the synergy of cloud, mobility, and advanced analytics to facilitate innovative, integrated ways of working on the shop floor.
- In 2016, 20 percent of manufacturers will begin to break down organizational silos, reshape IT portfolios and import new IT talent in the plant for digitally executed manufacturing.
The entire IDC FutureScape: Worldwide Manufacturing 2016 Predictions report can be found here.
