target audience: TECH BUYER Publication date: Oct 2023 - Document type: IDC FutureScape - Doc Document number: # US50873723
IDC FutureScape: Worldwide Manufacturing Product and Service Innovation 2024 Predictions
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Abstract
This IDC study provides IDC's 2024 top 10 predictions for manufacturing product and service innovation.
"As the world economy adapts to expanding geopolitical and supply chain uncertainties, manufacturers are striving to become agile in pursuing opportunities and resilient in responding to disruptions. Manufacturers across value chains, including engineering, asset, brand, and high tech-oriented environments, recognize the need to deliver comprehensive value propositions that benefit customers and stakeholders. High-quality data is the currency of the digital-first world, providing manufacturers with real-time decision support that represents the foundation for growth and profits. Over the next five years, manufacturers will face unforeseen challenges and opportunities but only digitally driven businesses will be prepared to navigate these waters and continue to deliver better products, faster service, and higher customer satisfaction." — John Snow, research director, Product Innovation Strategies at IDC Manufacturing Insights