IDC Insights

The Changing Face of Manufacturing

The manufacturing industry is changing faster than ever, with digital transformation (DX) underway at most manufacturers, and this is set to continue as organizations begin to feel the benefits that come with it. In the past, manufacturers have been focused on productivity improvements (how to achieve more with less), but that is no longer the best measure of success.

This video discusses how the manufacturing industry is undergoing a transformation to stay fit for purpose. IDC Manufacturing Insights analysts Maggie Slowik and Lorenzo Veronesi discuss how it is inevitable for the industry not to rethink business models and value propositions given disruptive forces such as digital transformation and Industry 4.0 and opportunities created by the platform and ecosystem economy.