Infor | Aug. 28th 2018
In its 2018 predictions, analyst firm IDC prognosticated the following will happen by 2019:
50% of manufacturers will be collaborating directly with customers and consumers regarding new and improved product designs through cloud-based crowd-sourcing, virtual reality, and product virtualization, realizing up to 25% improvement in product success rates. (This is prediction #5 in the IndustryWeek article discussing IDC’s Top 10 predictions.)
2018 is well over halfway through. Do you feel like you are—or will be—among the 50% of manufacturers who can collaborate successfully with customers for product design and development? The thought of trying to manage this collaboration via scanned documents, spreadsheets, and multiple meetings seems overwhelming. Modern technology can help you get the efficiency and quality control you need to make customer collaboration faster and easier for everyone involved.
Collaborating with customers on product design opens a whole new level of complexity in your operations. Figure out how to accommodate this new way of doing business today and position yourself not only as the vendor that makes the products your customers use, but as the partner in your customers’ success.
Renaissancetech is an infor channel partner.