The purpose of this report is to help SMMs focus on realistic objectives achievable with appropriate implementation of digital technologies to cut costs, improve existing processes, and lay the groundwork for continued progress. It is also important to recognize that the biggest hurdles to effective implementation are not likely to be technical, but rather managerial and cultural.
The data-driven world will be always on, always tracking, always monitoring, always listening, and always watching – because it will be always learning. Data is at the heart of digital transformation, the lifeblood of this digitization process. This study by IDC, looks into how companies are leveraging data to improve customer experiences, open new markets, make employees and processes more productive, and create new sources of competitive advantage – working toward the future of tomorrow.
This report focuses on an emerging alternative digital future for manufacturing, the “Internet of Goods." Three trends could lead to a manufacturing sector that uses information technology to boost productivity and create new markets.