|By RealWire News Distribution||
|March 6, 2014 11:20 PM EST||
Manufacturers Give Themselves Half Marks in Inspired to Make It Study Sponsored by Epicor
Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced that UK manufacturing success is being held back by an Inspiration Gap, according to its new study of businesses in the sector - Inspired to Make It.
Over 300 senior UK manufacturing executives put their company's Inspiration Rating at 5.7 out of 10 in the study - a measure of how encouraged they feel about their business and industry's future prospects. Most recognize that dramatic change in the sector is needed for survival.
Only 6% of respondents rated themselves as 'highly inspired' and approximately 1 in 10 said they were not inspired at all. There are green shoots however, with the average Inspiration Rating rising 0.65% in the past 18 months and 50% of respondents claiming they feel more inspired than they did back in 2011.
A struggling survivor is how 37% termed the future of UK manufacturing, with another 34% saying it would become a niche player. In comparison only 26% see market leadership or global leadership on the cards in the future and approximately 1 in 3 respondents think it has already lost this mantle. Of those that do think the UK is still a leader only 15% see this continuing.
The sector's ability to change is viewed as critical to manufacturing's future success by 98% of respondents, with 62% saying the industry must be ready to adapt significantly or even completely. Innovation is part of future success too; 57% say that manufacturers must be highly innovative, compared to 6% who think innovation is of low importance. And aside from improving pay and conditions of employment, technology innovation is thought most likely to improve levels of inspiration. Pace of technology change is also considered the most important external influence on the performance of businesses in the sector.
72% of respondents say price competition is holding UK manufacturing back globally - this being the most common obstacle to success, followed by the Government's policy and strategy and then the attitude of people in the sector, cited by 50% and 48% respectively. UK product quality and customer experience is seen as most important in helping the UK maintain a strong position, according to 76%. This chimes with a recent IDC Manufacturing Insights white paper which states that manufacturers must work on customer experience rather than price competition to succeed and thrive.
Encouragingly the sector is keen to lead the charge for change required to improve its fortunes; respondents most frequently cite manufacturing companies themselves, rather than customer demand, the government, the EU or industry bodies and lobbyists as the driving force behind improvement.
Fortunately young manufacturing executives show a high level of inspiration and willingness to drive the sector forward. Ross Meikle, Continuous Improvement Engineer at Hayward Tyler and Winner of the 2013 Young Manufacturer of the year award, comments, "I would put how inspired I feel about working in the manufacturing sector at ten out of ten. The UK still has an excellent manufacturing base and training ground. I've been able to see the results of how something I have done has helped the business and had a real impact. There's such a variety of roles in manufacturing and you can be in charge of carving out your own career."
"UK manufacturers definitely have a challenge on their hands and the Inspiration Gap they're feeling will need to be bridged if they are to achieve future success, carving out a strong position in the global market," said Steve Winder, vice president of manufacturing for Epicor. "It's compelling that almost all participants of the study are frank about change being inevitable and many recognise that they must be the drivers of this, through innovation, technology and talent. This attitude, along with the gradual increase in inspiration levels since the heart of recession, indicates that the wheels are in motion."
The Inspired to Make It study was conducted by Redshift Research on behalf of Epicor in late 2013. 302 senior executives in a cross section of UK manufacturing sector businesses completed the survey.
About Epicor Software Corporation
Epicor Software Corporation is a global leader delivering inspired business software solutions to the manufacturing, distribution, retail and services industries. With over 40 years of experience serving small, midmarket and larger enterprises, Epicor has more than 20,000 customers in over 150 countries. Epicor enterprise resource planning (ERP), retail management software, supply chain management (SCM), and human capital management (HCM) enable companies to drive increased efficiency and improve profitability. With a history of innovation, industry expertise and passion for excellence, Epicor provides the single point of accountability that local, regional and global businesses demand. The Company's headquarters are located in Dublin, California, with offices and affiliates worldwide. For more information, visit www.epicor.com.
# # #
Epicor and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.
The PR Network
(on behalf of Epicor UK)
+44 (0)7899 997080
The PR Network
(on behalf of Epicor UK)
+44 (0)7912 495630
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Jared Parker, Director of Financial Services at Kinetica, will discuss how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich inf...
Feb. 21, 2017 03:30 PM EST Reads: 1,188
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
Feb. 21, 2017 03:15 PM EST Reads: 4,445
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Feb. 21, 2017 03:15 PM EST Reads: 716
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 21, 2017 03:00 PM EST Reads: 5,917
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, will discuss how to use Kubernetes to setup a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace....
Feb. 21, 2017 02:45 PM EST Reads: 2,447
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Feb. 21, 2017 02:30 PM EST Reads: 1,298
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 21, 2017 02:15 PM EST Reads: 434
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Feb. 21, 2017 01:45 PM EST Reads: 457
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
Feb. 21, 2017 01:45 PM EST Reads: 3,550
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
Feb. 21, 2017 01:30 PM EST Reads: 1,071
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Feb. 21, 2017 01:30 PM EST Reads: 742
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Feb. 21, 2017 01:15 PM EST Reads: 1,395
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 21, 2017 01:15 PM EST Reads: 1,204
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
Feb. 21, 2017 01:15 PM EST Reads: 1,230
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain.
Feb. 21, 2017 12:45 PM EST Reads: 771