Technological transformation continues to shape the supply chain, according to a recent study of the "intelligent" enterprise by logistics technology provider Zebra Technologies Corp. The firm released its 2019 Intelligent Enterprise Index this week, revealing that 61% of enterprises worldwide are on the path to becoming "intelligent," compared to just 49% in 2018.
The global study of 950 IT decision makers from health care, manufacturing, retail, and transportation and logistics industries analyzed the extent to which companies connect the physical and digital worlds to "drive innovation through real-time guidance, data-powered environments, and collaborative mobile workflows," according to Zebra's researchers. The firm's "intelligent enterprise" index scores are calculated using 11 criteria, including IoT vision, adoption, data management, and intelligent analysis. Results reveal where organizations are as a whole, and by industry vertical.
The findings reveal that retailers are gaining the most momentum in the race toward intelligence, advancing from the bottom of the list to nearly the top--second only to the healthcare industry. Manufacturers are making strides as well, with 76% of manufacturing respondents saying they expect to move to company-wide deployment of IoT solutions, the most of any industry surveyed and more than 10% higher than healthcare and transportation and logistics. Overall, the study found that organizations are increasing their IT spend considerably in order to gain competitive advantage; the overall average spend is $6.4 million, up 39% year-over-year, according to the study.
Other findings, according to the researchers, include:
Zebra's online study was conducted August 12 through September 18, 2019.