STOCK TITAN

Smart Manufacturing, Edge Computing Poised to Surge in 2021, ISG Experts Say

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Information Services Group (ISG) forecasts strong growth in smart manufacturing and edge computing for 2021, driven by advanced technologies and supply chain strategies. Upcoming ISG Smartalks™ webinars will cover new manufacturing operating models and the implications of 5G on edge computing. Experts emphasize that manufacturers must adopt digital workflows to adapt to market disruptions caused by the pandemic. ISG, a global tech research firm, continues to advise over 700 clients on achieving operational excellence and digital transformation.

Positive
  • Strong growth expected in smart manufacturing and edge computing for 2021.
  • ISG's Smartalks™ webinars will provide insights into advanced manufacturing models and 5G impacts.
Negative
  • Manufacturers faced significant supply chain disruptions in 2020 due to the pandemic.

Smart manufacturing and edge computing will experience strong growth in 2021, say experts with Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, as manufacturers implement advanced technology and supply chain management strategies and the global market continues to demand high-speed connectivity.

The mega-trends behind this expected growth will be explored during the next ISG Smartalks™ webinar, “A New Manufacturing Operating Model for the New Future,” at 11 a.m., U.S. Eastern Time, Thursday, March 18. The manufacturing operating model, ISG says, is being reshaped by trends toward micromanufacturing, business-to-business sharing, regenerative manufacturing, and new business models and manufacturing ecosystems.

Christian Decker, partner and ISG Smart Manufacturing lead, EMEA, and Dr. Daniel Gerster, director, will explore the new business models that can maximize smart manufacturing delivery and ROI and help enterprises move past current challenges of outdated, immature or incompatible technology.

“We believe the move toward smart manufacturing will rebound aggressively this year,” Decker said. “Demand for consumer durable goods is surging and causing continued supply chain disruption, following widespread factory slowdowns in 2020. Having seen how Internet of Things devices helped preserve revenue streams during this pandemic, manufacturers will double down on digital workflows and automation to meet the new market realities. The ones who will be most successful will start with a holistic vision, strategy and deployment roadmap.”

A second ISG Smartalks webinar, “Edge Computing Enabled by 5G - Reality Check & Implications for Business-Driven IT,” on Thursday, March 25 at 11 a.m., U.S. Eastern Time, will share key insights into the state of the 5G network, practical implementations of edge computing, and making a business case for investing in this technology.

David Lessin, director; Henning Dransfeld, assistant director; Swathi Arunaa, senior analyst, and Titli Chaterjee, senior lead analyst, ISG Smart Manufacturing, will present the status of edge computing implementation across the market, along with private campus network deployment types and the impact of 5G.

“Edge computing acts as a liaison between legacy systems and current applications, building a more robust, connected architecture and enabling meaningful data insights,” Lessin said. “It also reduces costs and improves efficiency and security by processing data locally. We expect all these factors will contribute to an expansion in 5G infrastructure in 2022. Enterprises should be planning their optimal model and evaluating potential providers now.”

For more information or to register for ISG Smartalks™ webinars, visit this website.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world's top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

FAQ

What is the expected growth for smart manufacturing and edge computing in 2021 for III?

ISG forecasts strong growth in smart manufacturing and edge computing for 2021, driven by advanced technologies.

When is ISG's webinar on smart manufacturing?

The webinar titled 'A New Manufacturing Operating Model for the New Future' is scheduled for March 18, 2021.

What topics will be covered in the ISG webinars?

The webinars will explore new business models for smart manufacturing and the implications of 5G on edge computing.

How does ISG help its clients in the digital transformation space?

ISG advises clients on automation, cloud analytics, and operational excellence to achieve faster growth.

Information Services Group, Inc.

NASDAQ:III

III Rankings

III Latest News

III Stock Data

166.11M
34.92M
28.57%
60.95%
0.28%
Information Technology Services
Services-management Consulting Services
Link
United States of America
STAMFORD