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ICT Investment Trends in Manufacturing: Manufacturers look to establish radical change by adopting digitalization

ICT Investment Trends in Manufacturing: Manufacturers look to establish radical change by adopting digitalization

  • September 2017
  • 40 pages
  • ID: 5336505
In this report:
The survey also shows that manufacturers allocated ##% of their ICT budget to end-user computing in 2016, and are planning to increase this by ##%, to reach a budget allocation of ##% in 2016.
ICT budget allocation to both applications and service desk functions stand at ##% in 2016 and it is expected to increase marginally (##%) to reach a figure of ##% in 2017.


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ICT Investment Trends in Manufacturing: Manufacturers look to establish radical change by adopting digitalization


"ICT Investment Trends in Manufacturing", report unveils the findings from a survey of 178 manufacturers regarding their Information & Communications Technology investment trends. The survey investigates how manufacturers currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The study illustrates the core technologies that enterprises are investing in, including enterprise applications, security products, IoT, and cloud computing. The survey also highlights the approach to purchasing technology adopted by media companies. Through GlobalData's survey, the analysis aims to provide a superior insight to ICT vendors and service providers when pitching their solutions to manufacturers. The market research focuses on manufacturing companies' ICT expenditure trends for particular business areas and technologies, identifying the best three IT projects, and understanding the primary objectives of several systems components.

Factors including overall economic growth that is anticipated to be balanced in the close term and remain down over the mid-term along with supportive monetary policies is allowing manufacturing sector to increase their output. On top of, intense competition in this sector has pushed manufacturers to adopt next generation disruptive technologies in order to improve their operational processes and reduce cost.

In unique, it offers an detailed analysis of the following -

- How ICT budgets are set to change in 2017 in terms of their global size

- Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting

- Distribution of ICT money in areas including the networks, applications, service desk, and data centers

- Which ICT functions manufacturers are interested in outsourcing

- Manufacturers' investment priorities established on their budget allocations across core technology categories including enterprise applications, security products, IoT, and cloud computing

- Factors that are influencing manufacturers' investments in each technology category

- How manufacturers' IT budgets are currently allocated across different segments within a technology category

- Manufacturers' distribution of their ICT budget across several segments within a technology category

- Vendor satisfaction ratings for different core and advanced technology categories


- Manufacturers are also prioritizing their investment on core technology areas including enterprise applications, security products, Internet of Things, and cloud computing.

- Furthermore, infrastructure as a service and public cloud garner moderate portion of cloud computing budgets, while software as a service and private cloud form the more important proportion of the cloud computing budget.

- Likewise, the business objectives of increase customer satisfaction and organizational restructuring are considered crucial, as manufacturers look to retain consumers and gain an edge over their players.

Great reasons to purchase

- Understand how the manufacturers ICT landscape is set to change in 2017 to prioritize your target market

- Comprehend how ICT money are being allocated by manufacturers in particular verticals and size bands to improve your market uptake

- Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)

- Realign your sales initiatives by understanding the current tactical objectives of manufacturers

- Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (enterprise applications, security products, IoT, and cloud computing)

- Prioritize your focus areas by understanding which factors are influencing manufacturers' decisions when selecting an ICT provider

- Comprehend the changes in clients' priorities and analyze the business objectives that manufacturers are looking to achieve through their ICT investment strategies.

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