Engineering-Oriented Value Chains 2Q08 Industry Update and Product Management Strategy Guide

IDC
August 19, 2008
21 Pages - SKU: IDC1892894
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This Manufacturing Insights report looks at engineering-oriented value chains (EOVCs), which are characterized by segments that are driven by complex, heavily engineered products such as in automotive, aerospace, industrial machinery, farm/construction equipment, diversified companies, and other discrete manufacturing. Overall, the value chain has a segment, aerospace, that is very healthy; one that is doing well, machinery; and one that is in the doldrums, automotive. Manufacturing Insights expects IT spending in automotive to be severely constrained while aerospace accelerates projects. This report looks at the most recent data for industry performance and provides a detailed analysis of product life-cycle innovations. "EOVC segments represent industries in the midst of tremendous change and opportunity. Product management strategies are still centered on balancing costs and responsiveness, but larger organizations are also investing in faster decision making and meeting the needs of more narrow customer niches," said Bob Parker, VP Research at Manufacturing Insights.