While the figure below shows aggregate investment priorities across all industry verticals surveyed, there are significant differences in prioritization by industry vertical:
- In chemicals, 28% of the manufacturing budget will be applied to advanced process control and simulation.
- In aerospace and defense, 50% of the manufacturing budget will be applied to quality management systems.
- In pharmaceuticals, almost 45% of the manufacturing spending will be applied to quality management (if LIMS is included), 20% on recipe/formula/specification management and 20% on enterprise manufacturing intelligence (EMI).
Automotive, high-tech and industrial products are prioritizing MES (29%, 32% and 35% respectively).
Manufacturing Matters, But Who Can Deliver?
Getting The Most Out Of Your Assets
Setting Your IT Priorities
- The consumer products industry is spending the largest share of any industry's manufacturing budget on EAM, at 16%.
Manufacturing Operations Software Categories, 2007