target audience: TECH BUYER  Publication date: Oct 2023 - Document type: IDC FutureScape - Doc  Document number: # US51276023

IDC FutureScape: Worldwide Manufacturing 2024 Predictions

By: 

  • Simon Ellis Loading
  • Jeffrey Hojlo Loading
  • Eric Thompson Loading
  • Reid Paquin Loading
  • Aly Pinder Loading
  • Mark Casidsid Loading
  • Stephanie Krishnan Loading
  • Sarah Lee Loading
  • John Snow Loading

Content



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Table of Contents


  • IDC FutureScape Figure

    • Figure: IDC FutureScape: Worldwide Manufacturing 2024 Top 10 Predictions

  • Executive Summary

  • IDC FutureScape Predictions

    • Summary of External Drivers

    • Predictions: Impact on Technology Buyers

    • Prediction 1: By 2026, 90% of G2000 Organizations Will Augment Operational Roles with Automation Technology, Elevating Employee Engagement and Unlocking a 30% Increase in Worker Efficiency

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 2: By 2027, 35% of G2000 Companies Will Use Supply Chain Orchestration Tools Integrating Key Suppliers/Customers That Include Digital Twin Capabilities, Improving Supply Chain Responsiveness by 15%

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 3: By 2025, to Promote Personalized Products as Added Value, 30% of G2000 Manufacturers Will Fully Utilize AI/ML for High-Mix, Low-Volume Production

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 4: By 2028, 65% of the G2000 Will Look to Autonomous Service Parts Planning for Improved Mean Time to Repair, Driving 25% Better Service Delivery Through Optimized Customer or Operator Asset Productivity

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 5: By 2026, 75% of G2000 Organizations Will Have a Digital Commerce Platform in Place for Ecosystem Operation, Driving a 10% Higher Data Capitalization Rate and Improving Customer Retention by 20%

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 6: By 2026, Half of G2000 Companies Will Integrate Operational Systems with GenAI to Better Ingest Data, Identify Issues, and Provide Real-Time Context to Operators, Improving Efficiency by 5%

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 7: By 2025, 25% of CIOs Will Also Have the Role of Chief Ecosystem Officer, Orchestrating IT and Business Across Their Ecosystem to Meet Customer Needs and Lower Cost of Ecosystem Participation by 25%

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 8: By 2025, 75% of G2000 Companies Will Have Strategies in Place to Better Balance Operational Resiliency with Cost Efficiency, Thus Improving Margins by 5%

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 9: By 2028, the Integration of AI/ML into Robotic and Automation Routines Within Industrial Operations Will Increase by 30%, Driving Higher Efficiencies and a 10% Reduction in Downtime

    • Associated Drivers

    • IT Impact

    • Guidance

    • Prediction 10: By 2027, 40% of G2000 Companies Will Be Using Comprehensive Ecosystem Sustainability Data to Make Decisions Across the Full Range of Operations, Reducing Carbon Footprint by 30%

    • Associated Drivers

    • IT Impact

    • Guidance

  • Advice for Technology Buyers

  • External Drivers: Detail

    • AI Everywhere — Generative AI Takes the Spotlight

    • The Drive to Automate — Maximizing Efficiency and New Opportunities

    • Economic Uncertainty — IT Malaise and Market Volatility 

    • Global Supply Chain Resiliency — Push for Diversification

    • The Digital Business Imperative — Competitiveness and Outcomes

    • Dynamic Work and Skills Requirements — New Work Mode Era

    • Operationalization of ESG — Measuring and Implementing Sustainability

  • Learn More

    • Related Research