Manufacturing to increase IT, predicts KPIT Cummins

Manufacturing companies are deploying an increasing number of IT systems to cope with global operations, according to outsourcing company KPIT Cummins Infosystems.

Manufacturing companies are deploying an increasing number of IT systems to cope with global operations, according to outsourcing company KPIT Cummins Infosystems.

At the same time, the company said IT expenditure was likely to decrease by at least one percent of companies' total budgets as manufacturing organisations cut costs by outsourcing IT operations.

"We expect the level of IT, business process, and engineering outsourcing to increase four fold in the next five years," said Kishor Patil, chief executive and managing director of KPIT Cummins.

He said an increase in the use of enterprise IT systems was essential for manufacturing companies to manage increasing complex supply chains as many move production and sourcing of components to Asia to cut costs.

"Manufacturing companies are also likely to use more IT to improve services as a way of attracting and retaining customers," he said.

Another driver for IT systems within the manufacturing sector, Patil said, was the increasing need for companies to ensure compliance with regulatory standards.

Read more on IT risk management

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

  • How do I size a UPS unit?

    Your data center UPS sizing needs are dependent on a variety of factors. Develop configurations and determine the estimated UPS ...

  • How to enhance FTP server security

    If you still use FTP servers in your organization, use IP address whitelists, login restrictions and data encryption -- and just ...

  • 3 ways to approach cloud bursting

    With different cloud bursting techniques and tools from Amazon, Zerto, VMware and Oracle, admins can bolster cloud connections ...

SearchDataManagement

Close