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by David R. Brousell, MA Editorial Staff
Posted on Wednesday, January 02, 2008 4:30:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | The continuing trend toward global integration will both drive new technology investments and protect manufacturers against a domestic economic slowdown, a Manufacturing Insights study finds. |
| Keywords: | Collaborative technologies, collaboration technologies |
As larger manufacturing companies move toward a more globally integrated business model, they will need to increase spending this year on collaborative technologies, including social networking systems such as wikis, in order to manage their businesses more effectively, according to a new report. This growing emphasis on developing collaborative business networks enabled by newer technologies is at the heart of a set of 10 manufacturing industry predictions for 2008 issued today by research firm Manufacturing Insights, an IDC company. MI says that large manufacturing companies are becoming increasingly global in nature, with many reporting 60% or more of their profits from outside their home bases. Similar to the findings of other research firms, as well as a new reader poll by Managing Automation, MI signals the possibility of a recession in the United States this year. But the increasingly global nature of the large manufacturing companies, MI says, should help insulate them against the full brunt of a downturn. [Click to continue] |
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