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Four Key Trends Driving the Integration of High Tech Manufacturing with Non-High Tech Companies

The lines have been increasingly blurring between high tech and non-high tech manufacturing mainly due to the proliferation of technology into everyday consumer and business products. Download whitepaper to know more http://bit.ly/4-High-Tech-Integration-Trends

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Four Key Trends Driving the Integration of High Tech Manufacturing with Non-High Tech Companies

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  1. Driving high tech manufacturers to collaborate with non-high tech companies

  2. Technology has transformed societal infrastructure Blurred the line between high tech and non-high tech manufacturers Made consumers and business products more dependent on technology Pushed high tech companies to collaborate with non-high tech companies

  3. What drives the integration of high tech manufacturing and others? Technology has been democratized Society has been permanently transformed 4 KEY TRENDS Major industries have been transformed High tech companies can no longer rely purely on innovation

  4. 1. Democratization of technology Technology In business In everyday life • BYOT policies in • organizations High tech personal devices • Embedded and democratized • The global market for embedded systems is expected to reach $234 billion by 2020* *Global Industry Analysts Report

  5. 2. Transformation of society • Steady growth in demand • for consumer products • A • ‘self-service’ society • Change in • communication methods Change in product usage • Integration of technology • into ‘low tech’ products

  6. 3. Transformation of industries High tech Non-high tech Very few manufacturers can manage all facets of manufacturing if they want the latest technology in their products • Developer • of components • Lack of technological capability and capacity T R A N S F O R M A T I O N • Modular digital functionality solutions for manufacturers • Embedding electronics • into products

  7. 4. Innovation alone is not enough High tech companies Must collaborate with non-high tech to differentiate their brand and products • Face same • non-high tech standards for deliverability, • quality and cost • Cannot • rely purely • on innovation

  8. Accountability for companies • Detrimental to business results and brand image of exposed company • Regulators hold companies accountable for misleading the public High tech companies are getting called on delivery, quality and cost issues

  9. Steps toward a win-win situation • Develop new partnerships in new industries to offset changing industry dynamics • Invest time to better understand the • function of technology between high tech • andnon-high tech companies • Gain insight into the root causes of the changes and use it to uncover new opportunities • Share information, streamline workflows, and be aware of the business context and implications of actions

  10. Infor’s solutions for high tech and electronics Streamline and simplify communication Increase efficiency Go to market faster Control costs 5500 Customers worldwide With 9 of the top 10 global high tech and electronics manufacturers

  11. For more information on the 4 trends drivinghigh tech manufacturers to integrate withnon-high tech manufacturers DOWNLOAD OUR WHITEPAPER

  12. About Infor Infor builds beautiful business applications with last mile functionality and scientific insights delivered as a cloud service. With 13,000 employees and customers in more than 200 countries and territories, Infor automates critical processes and helps eliminate the need for customization through embedded industry domain expertise. To learn more, visit www.infor.com.

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