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IDC Analyst Brief:
Building the Foundation for Data-Driven Decision Making in Manufacturing
Scroll down to get your free report on the challenges many manufacturers face in realizing the value from their investment in automation.
In short
The manufacturing environment is changing faster than ever before. As the industry comes to terms with this shift, organizations that embrace resiliency will become the most successful. The improvements that can be realized through data-driven decision making are too important to overlook.
However, using data to make decisions requires that the proper digital foundation be in place, something many manufacturers currently lack. Given the complexities of managing the increasing amounts of data from products, operations, supply chains, and customers, manufacturers should consider working with a partner that can help them modernize their business and turn their digital pilots into full-scale digital transformation deployments.
Source:
IDC Analyst Brief - Building the Foundation for Data-Driven Decision Making in Manufacturing, December 2022
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Challenges and Opportunities
Enterprise Automation accelerates the digital transformation companies are looking for in order to stay competitive and resilient. What are the challenges and opportunities manufacturers encounter on their automation journey?
Data-driven decision making
65% of the decisions made in a company are more complex than just 2 years ago. That means that it’s increasingly important that companies enable personnel with the right data and analytics at the right time in the right format, to make better, data-driven decisions. (Source: Gartner studies 2021).
Changing the workforce
80% of business executives are accelerating plans to digitize work processes and deploy new technologies. And 50% of employers are expecting to accelerate the automation of job roles (Source: World Economic Forum’s Future of Jobs 2020 report).
A future-proof application landscape
Many manufacturing companies struggle with the legacy trap. A net of custom-made and on-premise applications that are inflexible and do not meet the need to innovate and adapt. We help customers overcome this trap.
Create a foundation for digital transformation
To enable successful change and transformation, your people need to be up to speed and ready. Second, the technical foundations has to be in place. For manufacturing companies this means you need a platform for data and integrations.
Customer Video: Safran
Watch how this global manufacturer of in-flight entertainment prepares for future growth with Dynamics 365 Finance and Supply Chain Management.