Digital Trends in Manufacturing, 2019-2022 – Investments in Digital Solutions Will Be Accelerated So That Manufacturing Companies Can Survive the Massive Losses Resulting from COVID-19

Dublin, June 29, 2020 (GLOBE NEWSWIRE) — The “Digital Trends in the Manufacturing Industry, Global, 2019” report has been added to ResearchAndMarkets.com’s offering.
The overall research objective is to measure the current use and future decision making behavior toward information technology (IT) around the globe in the Manufacturing industry, specifically: Enterprise Mobility Management, Digital Commerce, Unified Communications & Collaboration (UCC), Infrastructure and Data Centers, Cloud Communications, Analytics, Digital Marketing Solutions, Customer Experience Management, Cyber Security, Artificial Intelligence, Internet of Things, Blockchain (DLT), and Enterprise Information Management.Understand the IT-related challenges organizations face todayMonitor the status of digital transformationAssess the current and future use of business communications technologiesEvaluate factors that drive investments in communications technologiesGauge IT and communications trendsKey Benefits of this StudyIdentify key business objectives in this industry and industry challengesDiscover IT investment opportunities to address these objectives and challenges; find technologies that have been proven to reduce costs and generate revenue Benchmark with competition and other industry leadersLearn new ways to improve customer experienceDetermine successful strategies to develop and retain a best-in-class workforceFacilitate your digital transformation journeyManufacturing has been one of the most negatively impacted industries by the COVID-19 virus.The challenges that this industry was already facing have been amplified and new ones have emerged, making investments in digital solutions crucial to surviving the next year. Safety standards now include social distancing, making production even more costly, especially for high-touch assembly lines. Travel has been limited for product managers, making quality control, and speed of production difficult.A major challenge in this industry has been building trust among all parties in the supply chain. Existing approaches cannot keep up with increasing customer demand due to the shift to on-line purchasing, which requires delivery to the door. In addition, production is often being shifted to make essential goods.Among transformative technologies, IoT is used by 68% of the respondents followed by AI (63%), and blockchain (51%). About 9% of respondents are not using any of these solutions.Improving the quality of products and services is the top reason for investments in IoT and AI. The cost of integration of these technologies is the main obstacle.Blockchain is expected to improve operational efficiencies, both internally and externally. The complexity of developing this solution is the top barrier.Investments in digital solutions will be accelerated so that manufacturing companies can survive the massive losses resulting from COVID-19 and to better manage future disruptions.Moving applications and databases to the cloud will be a key strategy over the next two years. Standards and policies in manufacturing operations can be synchronized in plants located in different countries. This will enable manufacturers to be more flexible and agile and take advantage of continuously updated and secure networks. This also allows companies to track data remotely and share information across the organization as well as with customers, distributors, and suppliers.Key Topics Covered
1. Research Objectives and MethodsCustomer Research Objectives, Global, 2019Research Methodology, Global, 2019Benefits of this Analysis, Global, 2019Survey Methodology, Global, 2019Respondent IT Decision Maker Profile, Global, 20192. State of the Industry – COVID-19 Impact on the Manufacturing IndustryCOVID-19 Impact on Manufacturing, Global, 20203. Executive Summary of Survey ResultsExecutive Summary, Global, 20204. Business Objectives and IT/Telecom Challenges and DriversBusiness Objectives, Global, 2019 to 2020Business Objectives by Region, Global, 2019 to 2020Business Objectives by CEO vs. CTO/CIO, Global, 2019 to 2020Top IT Challenges, Global, 2019 to 2021Top IT Challenges by Business Size, Global, 2019 to 2021Top IT Challenges by Region, Global, 2019 to 2021Top IT Challenges by CEO vs. CIO/CTO, Global, 2019 to 2021Top IT Drivers, Global, 2019 to 20215. Digital Transformation Implementation StrategiesStage of Digital Transformation, Global, 2019Top Business Processes to be Impacted by Digital Transformation, Global, 2019Measuring Digital Transformation Success, Global, 20196. IT/Telecom Investment TrendsIT/Telecom Solutions Used Today, Global, 2019IT/Telecom Solutions Investment Plan, Global, 2019Primary Purchasing Channels of IT/Telecom Products/Services, Global, 2019Factors Responsible for IT/Telecom Purchase Decisions, Global, 2019Top Solutions at Risk of Being Replaced, Global 2019Top Reasons for Installed IT Products to be Replaced, Global 2019Top Security Concerns Regarding IT, Global, 20197. Investment Plans and Concerns Around Transformative TechnologiesKey Technology Investments, Global 2018 to 2021Digital Transformation in Use Today, Global, 2019Digital Transformation Investment Plans Among Users, Global, 2019 to 2022Digital Transformation Deployment Channel, Global, 2019Stage of Digital Transformation, Global, 2019Competitive Advantage of Digital Transformation, Global, 2019Top Reasons for IoT Investment, Global, 2019Top Concerns Regarding IoT, Global, 2019Top Reasons for Investment in AI, Global, 2019Top Concerns Regarding AI, Global, 2019Top Reasons for Investment in Blockchain, Global, 2019Top Concerns Regarding Blockchain, Global, 20198. Digital Transformation – IT/Telecom InvestmentsAnnual Revenues, Global, 2019Company’s Revenue Growth, Global, 2018 to 2019IT/Telecom Budget, Global, 2019IT/Telecom Budget Trends, Global, 2020Company’s Global IT Budget Allocation, Global, 20199. Digital Trends – Growth OpportunitiesGrowth Opportunities Post COVID-19, Global, 202010. The Last WordThe Last Word – Three Big PredictionsFor more information about this report visit https://www.researchandmarkets.com/r/4xdqq7Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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