Manufacturing Survey Reveals Product Configuration Management is the Secret Weapon of Leading Manufacturers
85% of Top Performing Organizations Rely on Product Configuration Management to Deliver Key Business Objectives
COPENHAGEN, Denmark, Sept. 19, 2023 /PRNewswire/ -- According to the findings of a new IDC InfoBrief, sponsored by Configit, the global leader in Configuration Lifecycle Management (CLM), manufacturing companies striving to optimize product portfolios and increase profits, are increasingly looking to product configuration management as a competitive advantage.
The IDC InfoBrief, based on a survey of 511 discrete manufacturing companies in North America and Europe, provides a deeper dive into how companies are grappling with product complexity, how this is driving priorities and what the most successful companies are doing to get ahead.
The full IDC InfoBrief, "Orchestrating Product Configuration Management: The Secret Weapon of Leading Manufacturers*," is available for download here.
Among some of the other the findings:
Johan Salenstedt, CEO, Configit, said: "Product complexity is only increasing, and companies looking to reap the benefits of digital transformation must re-think their product configuration strategy. In an ever-evolving landscape, where adaptability is key, this research equips businesses with the knowledge to not only navigate challenges but to leverage their product configuration approaches, and by connecting their already implemented product configurations, creating a single source of truth as a catalyst for growth and innovation."
*doc #US51047923, September 2023
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