Consumer goods manufacturers continue to favor technology investments facilitating competitive differentiation. CIOs and IT leaders can use this Hype Cycle to evaluate opportunities, educate their organizations, and guide their planning and investment decisions.
In 2016, we are seeing investment decisions that are designed to grow sales, maximize margins or steal share in a small-growth environment. With the digital world becoming ever-present to consumers and their habits, this year’s Hype Cycle for Consumer Goods highlights technologies for CIOs and IT leaders focused on sales, marketing and supply chain organizations.
Several technologies with specificity under broader categories have been added, including:
Track-and-Trace and Serialization
Price Optimization and Management for B2B
Formula and Recipe Management
Internet of Things
Things as Customers
Internet of Things (supply chain focus)
Internet of Things for Manufacturing Operations
Consumer 3D Printing
3D Printing in Manufacturing Operations
We expect these technologies will facilitate the continued evolution of the consumer goods industry toward digitalization and the world of digital business — a new environment embracing the economic design of blurred physical and digital worlds. This is beyond digitization, which simply moves data to a digital form. We expect digitalization in consumer goods to introduce a new era of growth from the convergence of people, businesses and intelligent things, resulting in revenue opportunities brought to life by engaging (and partnering with) retail customers, consumers and supply chain vendors.
100 Data and Analytics Predictions Through 2024
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