The changing face of manufacturing

A new report on the changing global manufacturing landscape has just been released, and it makes for interesting reading. “IDC Futurescape: Worldwide Manufacturing Predictions 2018” predicts that by 2020, 60% of manufacturers will rely on digital platforms, which will support as much as 30% of their overall revenue. Most of the group’s predictions refer to a continuum of change and digital transformation within the wider ecosystem of the manufacturing industry and global economy. Manufacturers are expected to adapt rapidly as new digital technologies, new competitors and new ecosystems, create new ways of doing business. The report also predicts that those manufacturers that can speed their adoption of digital capabilities in order to create business value will ultimately be the leaders of their industry sectors. It’s something for Africa’s women manufacturing entrepreneurs to think about!