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Five Ways in Which Software Solutions Support Industrial Manufacturing

Infor solutions use data sciences that are purpose-built for industrial machinery and equipment manufacturing. To know more about IT strategic solutions for IM&E manufacturers, download the whitepaper http://bit.ly/IMEvideo17<br>

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Five Ways in Which Software Solutions Support Industrial Manufacturing

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  1. IM&E manufacturers: How IT strategies help turn emerging global opportunities into growth and profits Growing demand for industrial machinery and equipment Construction Industries Energy Road building 80% 87% of manufacturers entered new geographic markets over the past 2 years2 of digitally mature entities actively bolstered risk taking, agility, and collaboration4 40% 92% of manufacturers believe changing the culture is the biggest challenge in implementing Industry 4.01 of manufacturers plan to enter new geographic markets over the next 2 years2 Capabilities of modern solutions to support manufacturers Business intelligence Anticipate trends Forecast needs Spot sales 32% of manufacturers consider analytics to be the most important IT tool4 Agile response Expand locations Broaden portfolio without hardware Mergers/ acquisitions Partnerships 53% 43% of manufacturers use cloud computing in implementations1 of manufacturers consider modern IT solutions the greatest benefit in increasing operations agility1 Easy software upgrades/ expansion Cloud deployment Flexibility ERP solutions Elastic storage $36B estimated expenses on storage and infrastructure; expected to double by 20205 Visibility Configured products (ETO, MTO) 3rd party logistics Optimized productivity Quality control Compliance Visibility of supply and capacity information across suppliers and logistics partners2 4% 5% No visibility 13% Some visibility Enhanced visibility Complete visibility 38% Don’t know 39% Note: % may not add up to 100 due to rounding Customer centricity Aftermarket service Extended lifelong services Customer relationships Data monetization Big moves made by manufacturers to achieve growth2 16% 11% 49% 39% Change the range of products offered Change the range of services offered 45% 40% Not at all To some extent Significantly Note: % may not add up to 100 due to rounding Infor offers expertise and highly advanced solutions purpose-built for IM&E 7,000+ 4,000+ Manufacturers in 100+ 2,400+ 25 years of experience fabrication customers industrial manufacturing customers IM&E customers countries Leverages data science Implements faster with cloud Responds with agility Collaborates 24X7 Maintains visibility with subcontractors and suppliers Provides built-in, last mile functionality Streamlines complex processes Maintains internal assets; optimizes parts inventory Learn more about challenges and solutions for IM&E manufacturers DOWNLOAD THE REPORTS References: 1 Boston Consulting Group Study 2 Global Manufacturing Outlook, Forbes, 2016 3 PWC Business Outlook, Report July 2016 4 Deloitte: Aligning the organization for its digital future, July, 2016 5 Harvard Business Review, May 2016 © Copyright 2017. Infor. All rights reserved.

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