Manufacturers in the Central & Eastern Europe, Middle East & Africa (CEMA) region are expected to increase their spending on technology to support critical business applications and quality improvements in 2011.
According to new IDC predictions for the manufacturing sector, IT investments in the CEMA region are expected to increase from $11,1-billion in 2009 to $18,3-billion in 2014 at a compound annual growth rate (CAGR) of 10,5%.
Africa is expected to show the steepest average annual growth, followed by Central & Eastern Europe and then the Middle East.
“Manufacturing in CEMA will need to adapt quickly to adjust to global competitive pressures, emphasising quality and value-added activities,” says Craig Simpson, research analyst for IDC Manufacturing Insights CEMA.
“Visibility across the entire product lifecycle 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 behaviour and demands.
Technology will also be a key enabler in improving efficiency and productivity of manufacturing operations, as well as integration of supply chains.
“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,” adds Simpson.