B2B Digital Commerce in Industrial Manufacturing — Key Investment Drivers, Trends, and Challenges
Description
This IDC study analyzes the current maturity of B2B digital commerce in the industrial manufacturing industry. It also reviews the current investment drivers, examines the major challenges related to B2B commerce projects, and provides an outlook on major trends, as well as offering actionable advice for industrial manufacturers on their digital commerce initiatives."As industrial manufacturers place greater emphasis on customer experience, digital commerce is emerging as a critical lever for efficiency, agility, and revenue growth across the value chain. Looking ahead, the expanding role of artificial intelligence in digital commerce — combined with the ongoing shift toward data-driven and service-based business models — will drive the next stage of transformation for industrial manufacturers. However, realizing these benefits requires addressing persistent challenges around integration, implementation complexity, and data governance." — Mark Casidsid, senior research analyst, AI-enabled business commerce, partner relationship, and ecosystem management, IDC
Table of Contents
15 Pages
Executive Snapshot
Situation Overview
Overview
Maturity of B2B Digital Commerce in Industrial Manufacturing
Investment Drivers for B2B Commerce in Industrial Manufacturing
Experience-Driven Commerce
Agility as a Strategic Advantage
Operational Efficiency and Process Optimization
Maximizing Revenues Across the Product Life Cycle
Trends for B2B Commerce in Industrial Manufacturing
AI Is Becoming Ubiquitous in Modern B2B Commerce
The Ecosystems Opportunity for Industrial Manufacturing
The Need for an Agile Technology Stack
Challenges Related to B2B Digital Commerce Projects in Industrial Manufacturing
The Integration Challenge
The Product Data Management Challenge
Other Implementation Challenges to Address
Advice for the Technology Buyer
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