In its latest industry blueprint, Info-Tech Research Group
highlights the critical need for non-durable goods manufacturers to
adopt an Exponential IT mindset. The firm's research offers
practical strategies for IT teams to integrate advanced
technologies, build a flexible workforce, and ensure seamless
technology governance.
TORONTO, July 11, 2024 /CNW/ - With persistent supply
chain disruptions, geopolitical tensions, and rising operational
costs, non-durable goods manufacturers must navigate a complex
landscape to remain resilient and profitable. Info-Tech Research
Group, in its latest blueprint, Priorities for Adopting an
Exponential IT Mindset in the Non-Durable Goods Manufacturing
Industry, advises that the adoption of advanced exponential
technologies is essential for sustainability and competitiveness.
In the new resource, the global research and advisory firm
addresses how manufacturers can leverage AI, IoT, and advanced
robotics to enhance precision, efficiency, and customization amid
these challenges.
"For the manufacturing industry, the adoption of advanced,
exponential technologies is no longer a luxury but a necessity for
survival and competitive success," says Shreyas Shukla, principal research director at
Info-Tech Research Group. "Industry 5.0 has begun to usher in a
profound paradigm shift that challenges traditional manufacturing
philosophies. The integration of technologies like artificial
intelligence, the Internet of Things, and advanced robotics enables
a level of precision, efficiency, and customization previously
unimaginable."
Info-Tech recommends the transformative potential of shifting
from traditional IT methods to Exponential IT. By embracing
advanced technologies, manufacturers can significantly improve
operational processes, drive product innovation, and build a more
adaptable and resilient business model.
To achieve this transformation, the firm advises that IT leaders
within the manufacturing sector focus on strategic initiatives that
drive technological integration and workforce adaptability.
Info-Tech's blueprint emphasizes the importance of robust IT
infrastructure, seamless technology integration, and cultivating a
flexible, skilled workforce ready to harness new digital tools.
"The role of IT in this transformation is nothing short of
critical. Advanced IT maturity will be essential to integrating new
technologies into existing manufacturing ecosystems as well as
enabling seamless connectivity, data integrity, and system
security," explains Shukla. "CIOs are beginning to take
center stage in navigating industry challenges effectively and
steering their organizations toward a future that is more
efficient, sustainable, and profitable. This is why it is crucial
for CIOs to understand the working priorities that underpin the use
of Exponential IT and use these concepts to their
advantage."
Info-Tech's research highlights several critical priorities for
non-durable goods manufacturers, including the need to develop a
robust IT infrastructure, integrate advanced technologies
seamlessly, and cultivate a flexible workforce capable of
leveraging new digital tools. These strategies are essential for
fostering innovation, improving productivity, and maintaining a
competitive edge in the market.
The blueprint details four key priorities for non-durable
goods manufacturers to focus on when adopting an Exponential IT
mindset. These recommended priorities for IT are:
- Lead New Technology Governance: Establishing robust
governance models is critical for ensuring technology is used
ethically, aligns with regulatory standards, and secures both data
and intellectual property. Effective governance also addresses
interoperability between new and legacy systems, managing risks
associated with digital transformations, including cybersecurity
threats.
- Deliver Autonomously: The adoption of autonomous
technologies enhances efficiency, precision, and scalability in
production processes. These technologies streamline operations,
reduce human error, and optimize resource use, leading to
significant cost savings and improved product quality.
- Team Up DataOps With ModelOps: Clean, integrated data is
essential for AI and machine learning applications, driving rapid,
data-driven decision-making. Establishing reliable data and model
services enhances decision-making, reduces operating costs, and
supports predictive and prescriptive insights.
- Prioritize Human-Centered Leadership: Emphasizing
human-centered IT leadership fosters an environment where
technology enhances rather than disrupts. This approach minimizes
resistance to change, improves retention, and involves employees in
technology decisions, leading to a collaborative, innovative
workplace.
By strategically aligning IT initiatives with organizational
goals and fostering a culture of innovation, non-durable goods
manufacturers can overcome the barriers to digital transformation.
Info-Tech's comprehensive blueprint offers practical guidance on
building a robust IT infrastructure, managing risks effectively,
and creating a data-driven environment that supports continuous
improvement and innovation.
Adopting these strategic priorities will enable manufacturers to
navigate the complexities of the digital age, drive significant
improvements in operational efficiency, and maintain a competitive
edge. Info-Tech Research Group's research equips industry leaders
with the insights and tools necessary to embrace Exponential IT and
transform their operations for long-term success.
For exclusive and timely commentary on this topic from
Info-Tech's analysts, including Shreyas
Shukla, an expert on the manufacturing industry, and to
access the complete Priorities for Adopting an Exponential IT
Mindset in the Non-Durable Goods Manufacturing
Industry blueprint, please contact
pr@infotech.com.
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2024, taking place September 17 to 19,
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About Info-Tech Research Group
Info-Tech Research
Group is one of the world's leading research and advisory firms,
proudly serving over 30,000 IT and HR professionals. The company
produces unbiased, highly relevant research and provides advisory
services to help leaders make strategic, timely, and well-informed
decisions. For nearly 30 years, Info-Tech has partnered closely
with teams to provide them with everything they need, from
actionable tools to analyst guidance, ensuring they deliver
measurable results for their organizations.
To learn more about Info-Tech's divisions, visit McLean &
Company for HR research and advisory
services and SoftwareReviews for software buying
insights.
Media professionals can register for unrestricted access to
research across IT, HR, and software and hundreds of industry
analysts through the firm's Media Insiders program. To gain access,
contact pr@infotech.com.
For information about Info-Tech Research Group or to access the
latest research, visit infotech.com and connect via LinkedIn and
X.
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