ISG to Release Study on Manufacturing Services Market
August 20 2020 - 10:05AM
Information Services Group (ISG) (Nasdaq: III), a leading global
technology research and advisory firm, has launched a research
study examining the manufacturing services market as the industry
it serves goes through major digital transformation.
The study results will be published in a comprehensive ISG
Provider Lens™ report, called Manufacturing Industry
Services 2020, scheduled to be released in January. The report will
evaluate service providers across several key areas of smart
manufacturing, including automation tools.
The new report will “examine the role of service providers
across the entire value chain of manufacturing engineering ― from
virtual layout or simulation of the shop floor, ergonomics for
machinery and IT/OT convergence to aftermarket services such as
leveraging digital twins to check the condition of machinery along
the wear curve,” said Christian Decker, ISG partner and EMEA lead,
Smart Manufacturing.
The report also will examine how the COVID-19 pandemic is
becoming an accelerator for digitization and local production. With
the pandemic disrupting global production and supply chains, the
need for smart factories to virtualize production and move it
closer to customers is accelerating.
In addition, the report will look at how manufacturers are
shifting from product sales to a product-as-a-service model and how
product lifecycles are growing shorter and bringing about a decline
in product loyalty among customers.
ISG has distributed surveys to more than 150 manufacturing
services providers. Working in collaboration with ISG’s global
advisors, the research team will produce five quadrants
representing the services and products the typical enterprise
client is buying in the manufacturing space, based on ISG’s
experience working with its clients. The five quadrants that will
be covered are:
- Smart Product Engineering – Automotive, assessing
service providers and system integrators’ capabilities in systems
engineering, including electrical and mechanical hardware, software
and embedded systems along segments such as small series
manufacturing, tests and simulations. The automotive smart product
engineering process starts after prototype development that covers
every aspect of industry-scale manufacturing engineering, including
niche techniques such as additive manufacturing.
- Smart Product Engineering – High-Tech/Semiconductors,
covering the engineering and R&D capabilities of service
providers in the mainstream semiconductor manufacturing processes,
and across front-end-of-the-line and backend-of-the-line
subprocesses ― from creation of transistors to the formation of
interconnects within a device. A provider’s expertise is measured
based on its design engineering prowess as well as its quality
assurance capabilities. Some of the major functions include
ensuring compatibility in interconnects—the small wiring schemes in
devices, which contribute to the resistance-capacitance delay—in
semiconductor chips.
- Production Automation Solutions, including automation
solutions that bring about automated responses in surveillance and
predictive maintenance of the production environment to reduce
outage time of all moving, robotic parts. These solutions detect
patterns and trends by processing large volumes of structured and
unstructured data from multiple sources, including IoT sensors.
Production use cases for analytics include optimized use of plant
machinery, continuous monitoring and digitally derived improvements
in product quality and design, sales forecasts, improved knowledge
about customer usage and supply chain optimization.
- Manufacturing Virtualization Solutions, covering all
aspects of non-physical and digital modeling-based manufacturing,
including augmented reality/virtual reality technologies,
interactive computer aided design and digital twins, a digital
representation of an object or a process from the real world.
Digital modeling includes all component testing and
pre-manufacturing calculations for additive manufacturing.
Industrial augmented reality includes the integration of object
recognition, computer graphics, artificial intelligence and human
interaction with sensors and display devices through intuitive
interfaces.
- Manufacturing Connectivity and OT Security Solutions,
including the capability of service providers to deploy
near-real-time networks to dynamize factory automation with a local
radio network via a licensed spectrum. ISG assesses a provider’s
proficiency with the new 5G standard that has the potential for
real-time communication, driving scenarios such as robotic
peer-to-peer communication without latency. The quadrant focuses on
solutions for manufacturing connectivity that integrates with wired
industrial local area network devices, a local management system to
monitor and manage a local network infrastructure and connected
devices, and a low-latency cloud infrastructure for 5G network
functions and industrial applications. On the security side, ISG
analyzes the security solutions offered by a service provider to
monitor Modbus, Profibus, ethernet traffic and proprietary traffic,
and protect OT components such as SCADA software, physical
equipment and machine control systems and remote industrial
software that are not connected to the external world.
The report will cover the global manufacturing services market
and examine products and services available in the U.S., Germany
and the U.K. ISG analysts Henning Dransfeld, Avimanyu Basu, Manali
Bhaumik and Sri Harsha Edala will serve as authors of the
report.
A list of identified providers and vendors and further details
on the study are available in this digital brochure. Companies not
listed as manufacturing service providers can contact ISG and ask
to be included in the study.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only
service provider evaluation of its kind to combine empirical,
data-driven research and market analysis with the real-world
experience and observations of ISG's global advisory team.
Enterprises will find a wealth of detailed data and market analysis
to help guide their selection of appropriate sourcing partners,
while ISG advisors use the reports to validate their own market
knowledge and make recommendations to ISG's enterprise clients. The
research currently covers providers offering their services
globally, across Europe and Latin America, as well as in the U.S.,
Germany, Switzerland, the U.K., France, the Nordics, Brazil and
Australia/New Zealand, with additional markets to be added in the
future. For more information about ISG Provider Lens research,
please visit this webpage.
The series is a complement to the ISG Provider Lens Archetype
reports, which offer a first-of-its-kind evaluation of providers
from the perspective of specific buyer types.
Starting this year, each ISG Provider Lens™ study will include a
Global Summary to help enterprise subscribers better understand
provider capabilities across all geographic markets covered by that
study. All ISG Provider Lens™ reports also will now include an
Enterprise Context feature to help executives quickly identify key
insights related to their roles and responsibilities.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 700 clients, including more than 75 of the
world's top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,300
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information, visit
www.isg-one.com.
# # #
Will Thoretz
Information Services Group, Inc.
+1 203 517 3119
Will.Thoretz@isg-one.com
Jim Baptiste
Matter Communications for ISG
+1 978 518 4527
jbaptiste@matternow.com
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