Infoholic Research LLP, a global market research and consulting organization, has published a study titled “
Manufacturers face a persistent pressure to improve accuracy levels, increase speed of operations and use their innate intelligence through analytics and business intelligence to improve operational performance.
The manufacturing industry have not invested in advanced IT in the past but now are gradually adopting technology innovations. Cloud computing is one such technology that has revolutionized the manufacturing industry. Cloud computing brings about operational efficiency, reduces cost, bring about economies of scale, offers on demand manufacturing services, reduces ‘time to market’, improves business agility and enhances productivity.
Manufacturers are continuing to adopt smart devices in their business (internal and external) and increasing cloud spending, spending on IoT technology and big data etc. Cloud implementation in manufacturing sector allows multiple users (organisations) to manage and use manufacturing related information. It provides flexible, secure, scalable and cost-effective solutions/services for manufacturing enterprises with lower ancillary costs by sharing software and database.
The SMEs are also realizing the benefits of cloud technology adoption in their operations. Thus, the SMEs are moving towards cloud adoption, which will help them to expand their business, improve customer base, and productivity. The lack of skilled resources, infrastructural issues and investment needs are some of the challenges in the SME sector. But in the next few years, SMEs are expected to take up cloud implementation in a big way.
The Worldwide Cloud Implementation in Manufacturing Market is analyzed based on four segments: deployment types with service models, enterprise type, industries type, and regions. The market is analyzed and segmented by the following deployment models- Public, Private and Hybrid. The market is analyzed by the following enterprise types – Large Enterprises and SMEs.
The market has been analyzed by the following industries- Discrete (Automotive, Semiconductor & Electronics, Aerospace and Defence and FMCG) Process Industries (Oil and Gas, Food and Beverages and Chemical).
Geographic segments covered in the report are Americas, Europe, Asia Pacific and the Middle East & Africa (MEA). Further, each region is analyzed by leading countries – Americas: the US, Canada, Brazil, Mexico and Others; Europe: the UK, Poland, Turkey, Germany, France, Russia and Others; Asia Pacific: India, China, South Korea, and Others. Finally, MEA: GCC and Africa. Americas is the leading region for cloud implementation in manufacturing followed by Europe and Asia Pacific. The APAC region holds a lot of promise for cloud implementation in the manufacturing sector.
The key players covered in this report are VMware, CSC, Amazon, Google, HP, Microsoft, Oracle, Citrix Systems, Salesforce, Cisco System, etc.
“Cloud adoption in manufacturing has provided a breathing space to manufacturers, who used to earlier focus on entire operations such as sales, marketing, etc. Manufacturers have been benefitted by a single platform for tracking and managing direct & indirect sale channels effectively. This has freed up time for them to focus on launching new products and on investing on product improvements rather than internal and external operations.” – Jaydeep Bhattacharjee, Group Head at Infoholic Research.
Cloud technology is set to be the primary element in larger enterprises and SMEs. The larger enterprises are continuing to contribute the major market share for cloud implementation in manufacturing followed by SMEs. Hybrid cloud adoption rate is expected to increase in the upcoming years.
