Investment in cloud technologies has becoming top of mind for most of today’s supply chains, indicating that the pandemic has made a compelling case to leverage cloud infrastructure to create a more agile, flexible manufacturing environment and support an increasingly distributed, remote workforce, according to an iBASEt study.
“Complex, discrete manufacturers are embracing innovation and digital transformation on many fronts. These range from cloud adoption to better methods of supplier quality management to innovation surrounding data collection and analysis,” says Tom Hennessey, CMO of iBASEt. “Manufacturers are justifying this investment with better operational excellence and intelligent decision support that can be extended across the entire value chain.”
From PR Newswire:
- Over half of respondents (53.7%) have accelerated investments in cloud technologies.
- A quarter of respondents (24.1%) indicated they are “all in” on the cloud, migrating all key operations and analytics applications to take full advantage of the infrastructure.
- About one-fifth of respondents (18.2%) are taking a “wait and see” approach on the cloud; 3.9% said they have no plans to use a cloud infrastructure.
- Over half of all respondents indicated they are investing in supplier quality management (59.1%); cloud applications (55.2%); and data collection and analysis (56.2%).
- Other notable areas of investment include the Industrial Internet of Things/IIoT (48.8%), Industry 4.0 (42.9%) and supply chain collaboration (47.8%).