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88% of manufacturing business decision makers plan to invest in technology

92% of ITDMs and 88% of BDMs in the manufacturing industry say they plan to invest in technology to support a hybrid workforce during the next 12-18 months. (Image source: Adobe Stock)

Riverbed | Aternity has revealed that 51% business decision makers (BDMs) in the manufacturing industry believe that half (50%) of their workforce will remain hybrid post-pandemic and the vast majority of Manufacturing BDMs (96%) believe a hybrid structure would help them recruit talent and remain competitive

Offering a seamless hybrid-working environment is not a nice to have anymore, but a business priority as the manufacturing sector looks to recover from COVID-19. However, only a third (33%) of Manufacturing IT Decision Makers (ITDMs) say their current IT estate is completely prepared to support the demands of long-term hybrid work. This has left 85% of manufacturing BDMs worried about a disparity in network and application performance for hybrid or remote employees versus in-office employees. To address this, 92% of ITDMs and 88% of BDMs in the manufacturing industry say they plan to invest in technology to support a hybrid workforce during the next 12-18 months.

Mena Migally, regional vice-president, META at Riverbed | Aternity, said, ?During the last two years, the pandemic has had a significant impact on the Manufacturing sector across the globe, as businesses have had to shift much of their operations to a remote and hybrid working model. For a sector where employees don?t traditionally work remotely, these changes have presented an opportunity for manufacturers to take a significant leap forward in their digital transformation journey. Manufacturers have not only adopted new technologies that will give them a competitive advantage, but increasingly are leveraging visibility and observability solutions to deliver actionable insights that drive business performance and an exceptional digital experience.?Adopting a hybrid model

The Riverbed | Aternity report revealed that creating sustainable and high-performing hybrid workplaces are critical for business success, and reliant on organisations addressing both human-and technology-related barriers. Manufacturing BDMs agree that collaboration and virtual relationship building (31%) is also one of their biggest barriers to adopting hybrid working across their organisation. 

BDMs believe that if we don?t act now, manufacturers will begin to fall behind other sectors. Issues such as Wi-Fi not working properly (46%), the inability for employees to connect to corporate networks (41%) and increased network traffic/bandwidth consumption and unreliable application performance (31%), will all have a huge impact on the ability to provide hybrid working over the next 12-18 months.

Investing in the future of Manufacturing

The majority of manufacturing ITDMs (92%) agree that their organisations would benefit from having greater visibility into their networks and systems to identify performance or security risks. And 89% believe there should be more investment into performance and acceleration solutions that will help them to increase productivity and allow them to create the experiences that will attract more talent to the sector.

It?s encouraging that 92% of manufacturing ITDMs and 88% of BDMs agree and are committed to investing in new technologies to support a hybrid workforce during the next 12-18 months. Their top areas of technology investments will be:

1) Updating company-wide hybrid workplace strategies and policies (44%)

2) Investing in application or network acceleration solutions (38%)

3) Investing in end-user experience and digital experience monitoring solutions (35%)

4) Investing in cybersecurity technology and software (34%)

5) Better visibility of network and application performance (33%)

?In 2022, the Manufacturing sector must move forward and take positive learnings from the last year of change. By implementing unified observability, full-fidelity visibility and acceleration technologies, they will be able to attract new talent, create new opportunities and build a productive and happy workforce, with hybrid at its core,? concluded Migally.