Manufacturers in the Central and Eastern Europe, Middle East, and Africa, or the CEMA region, must increase their spending on technology if they expect to support critical business applications and quality improvements in 2011.
This was the predictions of the International Data Corporation, IDC for the manufacturing sector in 2011. IDC also predicted that IT investments in the CEMA region are expected to increase from US$11.1 billion in 2009 to US$18.3 billion in 2014 at a compound annual growth rate (CAGR) of 10.5%.
For them, Africa is expected to show the steepest average annual growth, followed closely by Central and Eastern Europe, and the Middle East.
Research analyst for IDC Manufacturing Insights CEMA, Craig Simpson said that "Manufacturers in CEMA will need to adapt quickly to adjust to global competitive pressures, emphasizing quality and value-added activities" .
He noted that "visibility across the entire product life-cycle will be crucial for manufacturers in the region, enabling enhanced decision-making capabilities, promoting greater transparency in supply chains and better responsiveness to demand change."
IDC Manufacturing Insights expects technology to be used by manufacturers to gain greater insight into customer behavior and demands. Technology will also be a key enabler in improving efficiency and productivity of manufacturing operations, as well as integration of supply chains.
However, Simpson added that "in more mature market segments, emerging technologies such as cloud-based applications, tablet PCs, and social media will begin to play a more significant role in making manufacturing enterprises more efficient".
The CEMA Manufacturing top 10 Predictions, 2011 discusses the top 10 predictions for manufacturers in the CEMA region in 2011 and are the trends which IDC Manufacturing Insights believes will have the biggest commercial impact on the CEMA manufacturing activities.
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