target audience: TECH SUPPLIER Publication date: Apr 2024 - Document type: Taxonomy - Doc Document number: # US51967424
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2024: Engineering and R&D
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Abstract
This IDC study discusses the key strategic priority, programs, and use cases that executives of leading engineering and R&D teams across manufacturing industries — from automotive to consumer goods to chemical to high tech to life sciences to retail — should employ to organize teams (internal and external) and improve execution of product development processes.
"Increasingly, as manufacturers across multiple industries use digital, collaborative methods for product development, the traditional 'engineering and R&D' team is being extended to include sales and marketing, product management, suppliers and partners, manufacturing, and service. This open, extended ecosystem requires a digital platform approach for engineering, R&D, and new product development to enable manufacturers to get to market as quickly as possible with high-quality and cost-effective offerings that simultaneously mitigate product, supply chain, and demand complexity." — John Snow, research director, Product Innovation Strategies at IDC