target audience: TECH BUYER Publication date: May 2023 - Document type: Tech Buyer Presentation - Doc Document number: # AP48625022
IDC FutureScape: Worldwide Manufacturing 2023 Predictions — Asia/Pacific (Excluding Japan) Implications
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Abstract
This IDC Tech Buyer Presentation of an IDC FutureScape document provides the top 10 predictions for 2023, covering the manufacturing industry in Asia/Pacific (excluding Japan) (APEJ). These predictions are designed to provide decision makers of organizations with an actionable investment plan with respective highlighted technologies as viable enablers. Each prediction is presented based on timeline projection, complexity assessment, and organizational impact. This also includes insights into regional use cases and examples, as well as the regional outlook for manufacturing over the next five years.
Manufacturing organizations in APEJ remain resilient despite headwinds from geopolitical trade restrictions, supply chain disruptions, and talent shortage. Aiming on solving regional challenges, manufacturers are embarking on a digital business model, focusing on increasing efficiency, mitigating risk, and building digital resilience. Manufacturers are facing challenges over the amount and complexity of data captured from their digitized operations. As such, organizations are looking to monetize their data by investing in IT solutions to help understand and extract data insights to support decision making. Key technologies, such as Internet of Things (IoT), cloud, edge computing, 5G, artificial intelligence (AI), and cybersecurity, are critical enablers for organizations looking to develop operational excellence, business agility, and resilience.