target audience: TECH SUPPLIER Publication date: May 2024 - Document type: Market Presentation - Doc Document number: # AP50980424
Scaling Innovation Through Research and Development Software Integration — Asia/Pacific Manufacturing
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Abstract
This IDC Market Presentation discussed the macroeconomic outlook, challenges, and IT spending plans of manufacturing organizations in Asia/Pacific. The business priorities of manufacturers and their spending on technology applications were evaluated, with highlights on how advanced simulation fits into manufacturing workflow. A deep dive into manufacturing use cases and success stories examples is included, highlighting the challenges and implementation benefits from technology solutions.
"The strategic deployment of advanced simulations mitigates risks, reduces costs, and enhances product quality, ensuring manufacturing excellence at every stage of development. It is imperative for manufacturers to integrate simulation-driven decision-making processes into their operations to maximize efficiency and minimize errors," says Dr. Wai Yee Lee, senior research manager, IDC Manufacturing Insights.