The Connected Enterprise

Why Unlocking Data to Enable a Connected Enterprise Is Vital to the Future of Manufacturing

More than 70 million people, most of them in emerging markets, are joining the middle class every year. According to the Organization for Economic Co-operation and Development (OECD), the global middle class will surge from 1.8 billion in 2009 to 3.2 billion in 2020. This ballooning middle class will translate to greater consumer spending, placing an increased demand on manufacturing, resources and infrastructure.

From your standpoint as a manufacturer, meeting this demand requires you to be more productive, more sustainable and more flexible. Meeting the demands of growing consumer classes in countries like India and China, for example, must be balanced against the need to meet lower price points in those countries. You must ensure compliance in each new country. And you need to consider if it makes sense to source operations closer to these new consumer groups to remove complexity from your supply chain and reduce import costs. Improving the connectivity across your enterprise’s operations will be one key enabler for all of this.

 

 

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