target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Taxonomy - Doc Document number: # US51040623
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2023: Engineering-Oriented Value Chains in the Manufacturing Industry
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Abstract
This IDC study discusses how engineering-oriented value chains (automotive, aerospace, machinery, and equipment) are on a mission to digitally transform to create an ecosystem-based experience.
According to John Snow, research director, IDC Manufacturing Insights, "Engineering-oriented value chains are in a state of change, as they become more resilient to disruption and realize the benefits of digital-first business models. Adapting to new market demands and ongoing supply chain turmoil, exceeding customer expectations has never been more critical to success. EOVC manufacturers need to integrate processes and connect data silos to establish an enterprisewide strategy that delivers innovative products and services to maximize the opportunities hidden within the next business disruption."