Top Manufacturing Technology Predictions for 2018

By: | Category: Distribution / Manufacturing

As the year 2017 comes to an end and we look forward to the new year with great expectations, some extraordinary changes that will impact the manufacturing sector are forecasted to occur in the coming years.

Already evident are some of the advancement taking place in the manufacturing world. New digital technologies, competitors, and ecosystems are changing the ways manufacturers are doing business. Manufacturers that can step up their game by adopting digital capabilities in order to create business value will emerge the leaders in their industry.

To keep you up-to-date with what’s ahead, industry experts at IDC Community have compiled a list of manufacturing technology predictions that will impact the enterprise in the next three to five years. Some of the forecasted changes include greater intelligence in operational assets and processes, data capitalization, and the convergence of information technology (IT) and operations.

A notable trend in the forecast is how the cloud will become remarkably significant in the years ahead. A vast majority of manufacturers will participate in industry clouds, more and more supply chain interactions will happen across cloud-based commerce networks, manufacturers and consumers will collaborate through cloud-based crowdsourcing, and many manufacturers that manage data-intensive production and supply chain processes will be leveraging cloud-based execution models.

These predictions create an infrastructure to help  manufacturers plan and execute technology-related initiatives in the coming year. Read the IDC post here to see the top 10 worldwide manufacturing predictions for 2018.