Published: 29 January 2024
To many manufacturers, 2024 will be known as the year of accelerated modernization. Due to the increased IT budget, asset-intensive manufacturers will accelerate their overall smart manufacturing initiatives, and this research will help product leaders capitalize on the 2024 spending opportunities.
Manufacturers are increasing their IT spending when modernizing their factories; thus, manufacturing CIOs are searching for the right partnership with technology and service providers to deliver value-added technologies and services.
Manufacturers are looking to improve the factories by investing in technologies that help them achieve production productivity, globalize factories to expand into new foreign territories and create new revenue opportunities.
Technologies enabling smart manufacturing — such as industrial Internet of Things (IIoT), advanced analytics and industrial data management — and manufacturing intelligence apps will be critical in driving business results.
Product leaders delivering value-added technologies to seize the opportunities to improve
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Analysts:
Scot Kim, Alexander Hoeppe, Sohard Aggarwal, Jonathan Davenport, Sudip Pattanayak, Christian Titze, Marc Halpern, Bettina Tratz-Ryan, Ellen Eichhorn, Kristian Steenstrup
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