This blog highlights key worldwide operations technology predictions for manufacturing enterprise leaders through 2021.
Today, the very core of being a manufacturing business — the production process — is being completely restored because of a convergence of physical and virtual technologies. Smart manufacturing is now a strategic priority among manufacturers as they seek to address the many and complex issues they are now facing. Data and analysis are core to this approach, as they move to evidence-based management practices and use information to drive better decision making across all parts of the manufacturing process.
Key issues manufacturers and COOs are today facing are numerous and challenging:
- Ensuring asset availability
- Achieving holistic energy management
- Balancing efficiency with agility
- Blending proprietary and outsourced manufacturing networks
- Merging planning and scheduling with execution
IDC's Manufacturing Insights team has identified top predictions that will impact business leaders in manufacturing through 2021. Manufacturers should use these predictions to help guide their digital business strategy.
Worldwide Operations Technology 2018 Predictions
- Prediction 1: By the end of 2018, 25% of COOs in large manufacturers will have a transformational role, enabling new business models by focusing on customer fulfillment, and will be involved in all strategic business decisions.
- Prediction 2: By the end of 2018, to accelerate digital transformation, 20% of manufacturers will have explored proof-of-concept initiatives for "industrial equipment as a service."
- Prediction 3: By 2019, 20% of large discrete manufacturers will have re-leaned shop floor operations and organization, thus transforming the workforce and production processes and improving the OEE metric by a minimum of 5%.
- Prediction 4: In 2019, 30% of large manufacturers will have started to invest in end-to-end industrial IoT platforms to enable seamless IT/OT integration.
- Prediction 5: By 2020, 50% of G2000 manufacturers will leverage digital twins in both greenfield and brownfield environments to embed new capabilities in their factories, such as improved visibility, always-on operations, and greater flexibility.
- Prediction 6: By 2021, large manufacturers will have automated up to 40% of their B2B2C processes, reducing the need for human intervention using a combination of IoT, robotics, and cognitive solutions.
- Prediction 7: By 2021, 30% of leading manufacturers will have deployed cyber-physical robotic systems, resulting in a 10–20% improvement in productivity.
- Prediction 8: By 2019, 10% of manufacturers will have started to deploy cloud-based execution models that depend on edge analytics to enable the seamless handover of data to enterprise applications and to achieve real-time visibility, supply chain integration, and increased operational flexibility.
- Prediction 9: By 2020, 30% of manufacturers will have deployed or will be piloting distributed manufacturing concepts to transform product design, improve customer fulfillment, reduce excess capacity, and optimize logistics cost structures.
- Prediction 10: By 2020, blockchain and open standards, such as OPC UA, will be used to improve M2M transactions and processes such as traceability, maintenance, and customer orders.
To register for the on-demand web conference on these 10 predictions or to learn more about any of the IDC FutureScape Web Conferences, please visit: https://www.idc.com/events/futurescapes
You can find full context around these predictions in the newly published document, IDC FutureScape: Worldwide Operations Technology 2018 Predictions (Document # US42126317) on idc.com .