Manufacturers need to be agile and flexible to remain competitive IDC predicts by end of 2024, 40 per cent of Asian-based supply chain organizations will have rebalanced resiliency efforts to reflect the realities of inflation and necessary efficiency to recover 2 percentage points of margin. Rising inflation, supply chain disruption,…
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Manufacturers leading on sustainability
Over half of manufacturing firms are monitoring the sustainability impacts of their supply chains. Manufacturing firms are some of Australia’s best performers on sustainability, according to a new report from Microsoft ANZ and a research team led by Dr Chris Brauer, Director of Innovation at Goldsmiths, University of London. These findings stand…
Read MoreManufacturing felt brunt of cyberattacks in 2021
Supply chain woes grew. IBM Security today released its annual X-Force Threat Intelligence Index unveiling how ransomware and vulnerability exploitations together were able to “imprison” businesses in 2021 further burdening global supply chains, with manufacturing emerging as the most targeted industry. While phishing was the most common cause of cyberattacks in general…
Read MoreTop 5 business trends in manufacturing for 2021
Digital and product experience, data monetisation and ecosystem partnerships for CIOs in the industry. Analyst group Gartner has identified the top five business trends that will impact the global manufacturing sector in 2021. These trends will drive business disruption and widen opportunities for manufacturers. “The first response to the global pandemic for…
Read MoreClouds on the horizon
Manufacturers are under extreme pressure to digitise. The Manufacturing Execution Systems market has been pretty lively in 2020-21, noted Gartner. Much of the activity has been the crush of vendors rushing to embrace microservices, containerized applications and low-code/no-code development, wrote Rick Franzosa senior director analyst at Gartner. In a blog…
Read MoreFactories of the future
New manufacturing sites join the World Economic Forum’s Global Lighthouse Network as leaders in applying Fourth Industrial Revolution technologies. A community of world-leading manufacturers using Fourth Industrial Revolution technologies to enable bottom-line growth, despite the COVID-19 pandemic’s unprecedented disruption, 93 per cent of manufacturers achieved an increase in product output…
Read MorePublic Cloud spending in APAC manufacturing to reach US$ 26.3B
The pandemic has further increased the shift toward flexible, subscription-based Cloud models. APAC manufacturing companies are choosing public, as part of their primary Cloud strategy. According to a recently released report by IDC, 53 per cent chose public Cloud, emphasising the popularity of open cloud–based platform models for migrating manufacturing…
Read MoreManaging the right data sets to drive digital transformation
CIOs need to implement collaborative infrastructure design for their organisations. Deploying the right integration tools to help business get a good overview of different data sets, can help drive the success of digital transformation. Organisations will now think of ways to have more efficient use of data and how it…
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