The Implications of Inflation and Potential Recession on the Manufacturing Industry
This IDC Market Perspective examines the potential impact of inflation and a pending recession on the manufacturing industry, both overall and IT spending specifically. "Manufacturers realize the importance of moving to become digital-first organizations, and this continues to translate to increased IT investment to remain competitive, regardless of economic conditions. That said, there are rising fears of a recession in 2023, and discrete and process manufacturing are two of the most exposed industries to watch," says Simon Ellis, VP, Manufacturing Insights and Worldwide Supply Chain, at IDC.
Please Note: Extended description available upon request.
- Executive Snapshot
- New Market Developments and Dynamics
- Manufacturing Business Impact
- Asset-Oriented Value Chains
- Brand-Oriented Value Chains
- Engineering-Oriented Value Chains
- Technology-Oriented Value Chains
- IT Spending in Manufacturing
- Advice for the Technology Buyer
- Advice for the Technology Supplier
- Learn More
- Related Research
- Synopsis
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