Global economic fluctuations and rising competition in the manufacturing sector have compelled manufacturers to slowly shift their focus to revenue growth. Additionally, intense competition in this sector has pushed manufacturers to adopt next generation disruptive technologies in order to improve their operational processes and enhance customer satisfaction.
- The survey illustrates that manufacturers are planning to increase their ICT investments in 2016, compared to 2015, as they are looking to embrace technological advancements to improve plant productivity and maintain a competitive edge
- 60% of respondents are planning to increase their overall ICT investments either slightly (1%-5%) or significantly (6%+) in 2016, witnessing an increase of 16% compared to 2015.
- Likewise, the percentage of respondents expecting their ICT expenditure to remain flat is set to decline by 13% compared to 2015, reaching a figure of 26% in 2016.
- The survey also shows that only 14% of manufacturers are willing to decrease their ICT budget in 2016, compared to 17% in 2015.
Kable’s latest report ‘ICT investment trends in manufacturing‘ presents the findings from a survey of 227 manufacturers regarding their Information and Communications Technology (ICT) investment trends. The survey investigates how manufacturers currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.
- The report illustrates the core technologies that manufacturers are investing in, including enterprise application, security products, IoT, and cloud computing.
- The survey also highlights the approach to purchasing technology adopted by manufacturers.
- Through Kable’s survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to manufacturers.
The report focuses on manufacturers’ ICT expenditure trends for specific business areas and technologies, identifying the top three IT projects, and understanding the business challenges faced by organizations.
Price: $2,995 (Single User License)
Published: Oct – 2016
Report Format: electronic pdf