Artificial Intelligence
ISG to Release Study on Manufacturing Services Market
STAMFORD, Conn., Aug. 20, 2020 (GLOBE NEWSWIRE) — Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining the manufacturing services market as the industry it serves goes through major digital transformation.
The study results will be published in a comprehensive ISG Provider Lens™ report, called Manufacturing Industry Services 2020, scheduled to be released in January. The report will evaluate service providers across several key areas of smart manufacturing, including automation tools.
The new report will “examine the role of service providers across the entire value chain of manufacturing engineering ― from virtual layout or simulation of the shop floor, ergonomics for machinery and IT/OT convergence to aftermarket services such as leveraging digital twins to check the condition of machinery along the wear curve,” said Christian Decker, ISG partner and EMEA lead, Smart Manufacturing.
The report also will examine how the COVID-19 pandemic is becoming an accelerator for digitization and local production. With the pandemic disrupting global production and supply chains, the need for smart factories to virtualize production and move it closer to customers is accelerating. In addition, the report will look at how manufacturers are shifting from product sales to a product-as-a-service model and how product lifecycles are growing shorter and bringing about a decline in product loyalty among customers.
ISG has distributed surveys to more than 150 manufacturing services providers. Working in collaboration with ISG’s global advisors, the research team will produce five quadrants representing the services and products the typical enterprise client is buying in the manufacturing space, based on ISG’s experience working with its clients. The five quadrants that will be covered are:
The report will cover the global manufacturing services market and examine products and services available in the U.S., Germany and the U.K. ISG analysts Henning Dransfeld, Avimanyu Basu, Manali Bhaumik and Sri Harsha Edala will serve as authors of the report.
A list of identified providers and vendors and further details on the study are available in this digital brochure. Companies not listed as manufacturing service providers can contact ISG and ask to be included in the study.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe and Latin America, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage. The series is a complement to the ISG Provider Lens Archetype reports, which offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
Starting this year, each ISG Provider Lens™ study will include a Global Summary to help enterprise subscribers better understand provider capabilities across all geographic markets covered by that study. All ISG Provider Lens™ reports also will now include an Enterprise Context feature to help executives quickly identify key insights related to their roles and responsibilities.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.
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Will Thoretz
Information Services Group, Inc. +1 203 517 3119
Will.Thoretz@isg-one.com Jim Baptiste
Matter Communications for ISG
+1 978 518 4527
jbaptiste@matternow.com