Asia Pacific manufacturers to embrace new technologies

"2013 is going to be similar to 2012 with the economic volatility and uncertainty continuing. We expect manufacturing companies within the region to look for opportunities for either lower cost manufacturing or new markets in other emerging economies, whether in Asia, Africa, or Latin America," says Dr. Christopher Holmes, Head – International, IDC Manufacturing Insights.

Asia Pacific manufacturers will embrace new technologies to facilitate entry into new markets and the shift to low cost manufacturing centers, predicts IDC Manufacturing Insights.

"From a technology perspective, the shift to supporting multiple plants/operations in different parts of the world is going to require the organization to think about how they make decisions, and what information they need to make those decisions. Getting the information from different parts of the world in a format that will allow for fast, effective decision making will be key for 2013.

“We also expect companies to focus on specific business processes as they look to improve efficiencies, and differentiate by expanding their technology footprint beyond the ERP system. Business analytics will be the new technology of choice amongst manufacturers as they seek to gain insights into their processes, with mobility, cloud and social business all starting to see attention, as companies look to technology to drive the next level of process efficiency,” adds Dr. Holmes.

More insights can be found in the IDC Manufacturing Insights report, “Asia/Pacific Manufacturing 2013 Top 10 Predictions”, which discusses the top 10 predictions for the manufacturing sector in the coming year.

IDC's Manufacturing Insights top 10 predictions for the manufacturing sector in 2013 can be separated into three categories - those related to macroeconomic and country trends; those related to manufacturing process trends; and, generic IT trends.

The following are three of IDC Manufacturing Insights Asia/Pacific's top 10 predictions for 2013.

Prediction

Prediction #1: Asian manufacturers will focus efforts on doing business with other emerging markets

The slowing of global trade following the financial crisis in 2009 and the looming Eurozone debt crisis have resulted in the cut back of western consumption demand. With China replacing United States as Brazil and India’s largest trading partners in recent years, it signifies the beginning of aVans Old Skool Grise