Nearly 80% of senior execs rate innovation as either the top-most priority or a top-three priority for their company. The following graphic compares where innovation and product development tank among respondent company’s top strategic priorities over the last ten years.
Enterprises surveyed are predicting they will invest an average of $2.87M in cloud computing technologies in 2016.
90% of enterprises are relying on APIs in their cloud integration plans for 2016.
25% of total IT budgets will be allocated to cloud computing in 2016.
Security continues to be the biggest challenge enterprises face in adopting cloud computing.
Bottom line: Manufacturers today are facing the global challenges of staying in step with increasingly complex customer requirements while accelerating product development and reducing costs. Excelling on these three dimensions is going to require an entirely new level of Manufacturing Execution Systems (MES), Manufacturing Intelligence and analytics performance.