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IDC FutureScape: Worldwide Manufacturing 2018 Predictions

IDC FutureScape: Worldwide Manufacturing 2018 Predictions

This IDC study provides manufacturers with the top 10 predictions and underlying drivers that we expect to impact manufacturers' IT investments in 2018 and beyond. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.According to Kimberly Knickle, research vice president, IT Priorities and Strategies, IDC Manufacturing Insights, "Manufacturers of every size and shape are changing rapidly because of new digital technologies, new competitors, new ecosystems, and new ways of doing business. Manufacturers that can speed their adoption of digital capabilities in order to create business value will be the leaders of their industry. Our predictions create a framework for IT and line-of-business executives to plan and execute technology-related initiatives in the year ahead."

Please Note: Extended description available upon request.


IDC FutureScape Figure
Executive Summary
IDC FutureScape Predictions
Summary of External Drivers
Predictions: Impact on Technology Buyers
Prediction 1: By 2020, 60% of G2000 Manufacturers Will Rely on Digital Platforms That Enhance Their Investments in Ecosystems and Experiences and Support as much as 30% of Their Overall Revenue
Associated Drivers
IT Impact
Guidance
Prediction 2: By 2021, 20% of G2000 Manufacturers Will Depend on a Secure Backbone of Embedded Intelligence, Using IoT, Blockchain, and Cognitive, to Automate Large-Scale Processes and Speed Execution Times by up to 25%
Associated Drivers
IT Impact
Guidance
Prediction 3: By 2020, 75% of All Manufacturers Will Participate in Industry Clouds, Although Only One-Third of Those Manufacturers Will Be Monetizing Their Data Contributions
Associated Drivers
IT Impact
Guidance
Prediction 4: By 2019, the Need to Integrate Operational Technology and Information Technology as a Result of IoT Will Have Led to More than 30% of All IT and OT Technical Staff Having Direct Project Experience in Both Fields
Associated Drivers
IT Impact
Guidance
Prediction 5: By 2019, 50% of Manufacturers Will Be Collaborating Directly with Customers and Consumers Regarding New and Improved Product Designs Through Cloud-Based Crowdsourcing, Virtual Reality, and Product Virtualization, Realizing up to a 25% Improvement in Product Success Rates
Associated Drivers
IT Impact
Guidance
Prediction 6: In 2020, Augmented Reality and Mobile Devices Will Drive the Transition to the Gig Economy in the Service Industry, with "Experts for Hire" Replacing 20% of Dedicated Customer and Field Service Workers, Starting with Consumer Durables and Electronics
Associated Drivers
IT Impact
Guidance
Prediction 7: By the End of 2020, One-Third of All Manufacturing Supply Chains Will Be Using Analytics-Driven Cognitive Capabilities, Thus Increasing Cost Efficiency by 10% and Service Performance by 5%
Associated Drivers
IT Impact
Guidance
Prediction 8: By 2020, 80% of Supply Chain Interactions Will Happen Across Cloud-Based Commerce Networks, Dramatically Improving Participants' Resiliency and Reducing the Impact of Supply Disruptions by up to One-Third
Associated Drivers
IT Impact
Guidance
Prediction 9: By 2020, 25% of Manufacturers in Select Subsectors Will Have Balanced Production with Demand Cadence and Achieved Greater Customization Through Intelligent and Flexible Assets
Associated Drivers
IT Impact
Guidance
Prediction 10: By 2019, 15% of Manufacturers That Manage Data-Intensive Production and Supply Chain Processes Will Be Leveraging Cloud-Based Execution Models That Depend on Edge Analytics to Enable Real-Time Visibility and Augment Operational Flexibility
Associated Drivers
IT Impact
Guidance
Advice for Technology Buyers
External Drivers: Detail
Accelerating DX — Technology-Centric Transformation Altering Business and Society
DX Delta — Leaders and Disruptors Widen the Performance Gap
Human Versus Machine — The Impact of AI and Automation
Sense, Compute, Actuate — The New Data-Centric Paradigm
Platform Disruption — Unleashing Digital Innovation's Power for Scale
Empowering the Material World — Revolutionized Processes Expand Technology's Reach
Innovation Impasse — Legacy Systems Constraining Transformation
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