Predictions Report

Predictions 2023: Smart Manufacturing

November 2nd, 2022
With contributors:
Fayzan Sabri , Luca Lo Scavo , Rachel Birrell

Summary

Leaders in asset-intensive industries like manufacturing have had another difficult year, and many challenges await them in 2023. The huge jump in energy prices is breathing new life into existing IoT investments as leaders race to understand and control their energy use. Often overhyped concepts like the metaverse or the microfactory are delivering real value for early adopters, and investment is growing in both. As challenges proliferate and budgets get squeezed, innovation ecosystems are beginning their transformation from interesting idea to essential foundation of future manufacturing strategy. In this report, we explore Forrester’s predictions for smart manufacturing in 2023.

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Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.