A global research study for manufacturing executives.
PTC partnered with Oxford Economics to conduct a global research study of manufacturing executives across industries and business functions. The study uncovers the market and technology shifts remaking manufacturing and defines the economic impact of prioritizing different business areas.
Fresh thinking is needed to respond to these market and technology shifts and capture the opportunities they create. This report explores three key areas of opportunity for manufacturers to affect transformation:
- Rethinking strategy and planning to eclipse pure operational excellence. One example, coordination of strategy and planning between the engineering and service organizations will rise from 54% today to 73% in three years.
- The service imperative that extends beyond repair and maintenance. One example, manufacturers in Europe (82%) will enhance services as a key way to differentiate their products more than those in the US (67%) and Asia (66%).
- Innovation everywhere that expands beyond traditional product R&D. One example, smart products will see a 38% growth over three years, to 53%. High-Tech firms lead the way as 71% expect to adopt smart products in three years.
How does your firm compare to industry and regional peers? Which areas of prioritization will deliver the greatest economic impact?
This Oxford Economic report based on a global research study conducted with PTC delivers:
- research findings on market and technology shifts
- case studies of leading firms executing these strategies
- results of our economic model measuring the impact
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