Tuesday 27 October 2020

*NEW RESEARCH* End User Insights: How COVID is Changing Manufacturing

Report cover imageThe initial COVID-19 wave had a profound effect on UK manufacturing at a time when it was already dealing with Brexit uncertainty and the possibility of a ‘no deal’ scenario. As we are all too aware, facilities were suddenly shut down, the fragility of supply chains was exposed, activity in some sectors plummeted virtually overnight and order books and output seized up. 

Inevitably, output will fall across 2020 yet the sector is showing signs of revival and manufacturers have started prioritising long-term recovery over short-term survival. Cash flow is a concern so investment budgets are being cut which will likely hamper efforts to take advantage of recovery phases but the initial COVID crisis was a proof point of the value of technology and the shift to digital and this is accelerating adoption. It is a turbulent landscape for manufacturers and suppliers but as the sector represents a sizable percentage of UK IT investment, developments can have a material impact on supplier performance. 

Informed by an end user panel discussion hosted by industrial software supplier Aveva, the End User Insights: How COVID is Changing Manufacturing report provides valuable insight into how manufacturers used technology to cope with the initial COVID disruption and plans for navigating the next phases.

Subscribers can download “End User Insights: How COVID is Changing Manufacturing” here

If you’d like access to this report but don’t yet have a TechMarketView subscription you can contact Deb Seth for information about our services. 

Posted by Angela Eager at '15:53' - Tagged: software   manufacturing   covid-19