-Manufacturing survey reveals that product configuration management is the secret weapon of leading manufacturers
85% of top-performing organizations rely on product configuration management to achieve key business objectives
COPENHAGEN, Denmark, Sept. 25, 2023 /PRNewswire/ -- According to findings from IDC InfoBrief, sponsored by Configit, the global leader in configuration lifecycle management (CLM), manufacturing companies striving to optimize product portfolios and increase profits, they increasingly look to product configuration management as a competitive advantage.
The IDC InfoBrief, based on a survey of 511 discrete manufacturing companies in North America and Europe, provides deeper insight into how companies deal with product complexity, how this drives priorities, and what the most successful companies are doing. to get ahead.
The full IDC InfoBrief, “Product Configuration Management Orchestration: The Secret Weapon of Leading Manufacturers*,” is available for download here.
Among some of the other findings are:
John Snow, research director, product innovation strategies at IDC, said: "Product complexity creates challenges across the enterprise and is a driving factor behind manufacturers' top business concerns. Our research revealed that, on average Manufacturers are currently using three different configuration tools, and organizations are developing cross-functional product configuration management strategies that can achieve multiple business priorities. This, in turn, is driving the need for applications that can simplify management processes. configuration and inherently improve collaboration.
Johan Salenstedt, CEO, Configit, said: "Product complexity is only increasing and companies looking to reap the benefits of digital transformation must rethink their product configuration strategy. In a constantly evolving landscape, where adaptability is key, this research gives companies the knowledge to not only address challenges, but also to leverage their product configuration approaches and, by connecting their already implemented product configurations, create a single source of truth as a catalyst for growth and innovation."
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About ConfigitConfigit is the global leader in Configuration Lifecycle Management (CLM) solutions and a provider of business-critical software for complex product configuration. All Configit products are based on patented Virtual Tabulation® (VT™) technology, which has redefined product configuration by offering greater speed and better handling of complexity. Virtual tabulation enables Configit to deliver powerful, easy-to-use configuration solutions to market-leading global enterprises. Website: configit.com
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