Analytics Accelerating Industry 4.0: The Quest for Operational Resilience and Agility in Manufacturing
Thematic Report

28 May 2021
by Vishal Gupta, Arpit Mehra, Pravina Jayaraman

Advances in data management and analytics use cases are helping enterprises across industries focus on business outcome-oriented Data & Analytics (D&A) initiatives. Process improvement, asset management, cost efficiencies, and better customer experience are some of the major enterprise objectives driving the adoption of analytics and AI use cases. Enterprises have also started focusing on monetizing data and providing data-driven products and solutions to customers to differentiate themselves in heavily saturated markets. Further, the pandemic has led to a significant shift among organizations to focus on digital initiatives that ensure workforce safety and build operational resilience.

In this report, we assess the current state of analytics adoption in the manufacturing industry, deal characteristics in the space, emerging themes driving the adoption of analytics, and advanced analytics and AI use cases that support manufacturers across the value chain. Further, the report discusses how enterprises are rationalizing and building agility across the value chain through analytics to ensure business continuity, protect their workforce, and tackle demand and supply volatility in the next normal.

Scope

  • Industry: manufacturing
  • Services: D&A
  • Geography: global
  • Sources: publicly available information (120+ D&A case studies), Everest Group’s survey of 100+ midsized and large enterprises, and Everest Group’s proprietary transaction intelligence database

Contents

In this report, we study the following topics:

  • Manufacturing market overview – current state of analytics and deal characteristics
  • Emerging themes in manufacturing driving D&A adoption
  • Analytics adoption and use-case analysis by value-chain segment
  • Impact of COVID-19 and mitigation strategies

Membership(s)

Artificial Intelligence

Data & Analytics

Sourcing and Vendor Management

 

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