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Manufacturing Smart Industry Services 2023 RadarView™
The Manufacturing Smart Industry Services 2023 RadarView™ assists organizations in identifying strategic partners for engineering and manufacturing transformation by offering detailed capability and experience analyses for service providers. It provides a 360-degree view of key manufacturing smart industry service providers across practice maturity, partner ecosystem, and investments and innovation, thereby supporting enterprises in identifying the right services partner. The 58-page report highlights top supply-side trends in the manufacturing smart industry space and Avasant’s viewpoint on them.
Manufacturing Smart Industry Services 2023 Market Insights™
The Manufacturing Smart Industry Services 2023 Market Insights™ assists organizations in identifying important demand-side trends that are expected to have a long-term impact on any smart industry projects. The report also highlights the ER&D domain’s traditional state and its evolution.
Manufacturing Smart Industry Services: Empowering ER&D Through Digitalization
Engineering and manufacturing enterprises have always had complex IT and OT environments and faced integration challenges. Concerns about security, connectivity, and customization hindered their digitalization efforts. However, due to cost pressures, changing customer demands, and rising product complexity, companies are now actively transforming their processes. This requires digitalizing IT and OT operations and investing in product and software engineering skills. To accelerate their digital transformation, enterprises are engaging with digital engineering service providers, leading to a 15% growth in manufacturing smart industry deals between December 2021 and December 2022. Both demand- and supply-side trends are covered in Avasant’s Manufacturing Smart Industry Services 2023 Market Insights™ and Manufacturing Smart Industry Services 2023 RadarView™, respectively.
What Exactly is Digital Engineering and Who is a True Digital Engineering Partner?
Both B2B and B2C products have become smarter and more connected, requiring real-time integration and interaction between hardware and software components. To develop connected products and digitize the engineering and manufacturing life cycle, enterprises need an amalgamation of product and software engineering capabilities through digital engineering. While digital engineering is a growing domain, it is crucial that the ecosystem players, especially engineering and manufacturing companies, get the essence of digital engineering right to realize its true potential.