Taiwanese Manufacturing Industry's Spending Will Concentrate More on Manufacturing Execution Systems in Next Two Years
Thanks to the rapid advances in information and communications technologies, companies in Taiwan have adopted a wide variety of hardware, software, and services to support daily business operations, planning to boost their IT (Information Technology) spending in 2022. They continue to increase IT budgets to integrate existing systems and resources more effectively, thereby reducing operating costs and improving overall productivity.
The publisher conducted surveys in late 2021 with the aim to present estimates of IT spending in five major industries in Taiwan, including manufacturing, construction, finance, retail, and healthcare. The findings are based on data from the publisher's IT Spending Survey conducted in late 2021. Hundreds of IT companies in Taiwan were asked a series of questions about their IT spending patterns, habits, and plans.
This report consolidates survey data on enterprise software solution spending and analyzes such spending across four sub-industries of the manufacturing industry, including livelihood, chemistry, metal & machinery, and information & electronic; provides spending forecasts for 2022 to help the stakeholders gain a better understanding of changes in enterprise software solution spending over the years.
List of Topics:
- 2022 IT spending on enterprise software solutions in the Taiwanese manufacturing industry and includes stratification of respondents by sub-industry, such as livelihood, chemistry, metal & machinery, and information & electronic.
- Changes in spending on several enterprise software solutions in 2022, including MES (Manufacturing Execution System), CRM (Customer Relationship Management), HRM (Human Resource Management), BPMN (Business Process Modeling Notation), FMS (Financial Management System), and DevOps
Taiwan's IT research institute MIC (Market Intelligence & Consulting Institute) conducted surveys in late 2021 with an aim to present estimates of IT spending in five major industries in Taiwan, including manufacturing, construction, finance, retail, and healthcare. The findings are based on data from the IT Spending Survey conducted in late 2021. Hundreds of IT companies in Taiwan were asked a series of questions about their spending patterns, habits, and plans.
With most companies intending to increase budgets for enterprise software solutions over the years, the MIC's findings suggest that nearly 30% of companies reported a plan to boost spending on MES (Manufacturing Execution System) in the next two years, while 20% in CRM (Customer Relationship Management), BPMN (Business Process Modeling Notation), and DevOps systems. Compared to the livelihood sub-industry and the chemistry sub-industry, metal & machinery and information & electronic sub-industries are expected to allocate more budgets for all kinds of enterprise software solutions, especially MES.
Changes in Budgets for Enterprise Software Solutions in the Manufacturing Industry by Sub-industry in 2022
Note 1: Question: " Question: How will the spending on each enterprise software solution (MES, CRM, HRM, BPMN, FMS, DevOps) at your company change in 2022?" was asked during the survey
Note 2: US$1=NT$29.6
Note 3: FMS is short for Financial Management System
Table of Contents
Samples
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Methodology
Primary research with a holistic, cross-domain approach
The exhaustive primary research methods are central to the value that the analyst delivers. A combination of questionnaires and on-site visits to the major manufacturers provides a first view of the latest data and trends. Information is subsequently validated by interviews with the manufacturers' suppliers and customers, covering a holistic industry value chain. This process is backed up by a cross-domain team-based approach, creating an interlaced network across numerous interrelated components and system-level devices to ensure statistical integrity and provide in-depth insight.
Complementing primary research is a running database and secondary research of industry and market information. Dedicated research into the macro-environmental trends shaping the ICT industry also allows the analyst to forecast future development trends and generate foresight perspectives. With more than 20 years of experience and endeavors in research, the methods and methodologies include:
Method
- Component supplier interviews
- System supplier interviews
- User interviews
- Channel interviews
- IPO interviews
- Focus groups
- Consumer surveys
- Production databases
- Financial data
- Custom databases
Methodology
- Technology forecasting and assessment
- Product assessment and selection
- Product life cycles
- Added value analysis
- Market trends
- Scenario analysis
- Competitor analysis
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