IT investments up in the CEMA manufacturing sector

IDC report predicts manufacturing industry will spend to support critical processes

Tags: International Data CorporationManufacturing
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IT investments up in the CEMA manufacturing sector The IDC has reported that IT investments in the Central and Eastern Europe, Middle East and Africa (CEMA) region are expected to increase from $11.1 billion in 2009 to $18.3 billion in 2014 at a compound annual growth rate of 10.5%.
By  Georgina Enzer Published  March 7, 2011

IT investments in the Central and Eastern Europe, Middle East and Africa (CEMA) region are expected to increase from $11.1 billion in 2009 to $18.3 billion in 2014 at a compound annual growth rate of 10.5%, according to IDC's CEMA Manufacturing Top 10 Predictions, 2011.

The report looks at the top ten predictions for manufacturers in the CEMA region in 2011 that will have the biggest commercial impact on the CEMA manufacturing sector.

Manufacturers are expected to increase their spending on technology to support critical business processes and improvements through 2011.

The country with the steepest average annual growth will be Africa, followed by Central and Eastern Europe, and the Middle East.

"Manufacturers in CEMA will need to adapt quickly to adjust to global competitive pressures, emphasising quality and value-added activities," said Craig Simpson, research analyst for IDC Manufacturing Insights CEMA. "Visibility across the entire product life-cycle 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."

The IDC Manufacturing Insights report shows that technology is likely to be used by manufacturers to analyse customer behaviour and improve manufacturing efficiency and productivity.

"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," said Simpson.

2689 days ago
masud

It is still not clear the industrial growth in UAE. Being a commercial Hub, the picture remains unlear on it's ability to come out in which sector.

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