Business Strategy: Developing a Visual Decision-Making Framework That Drives Business Value for Manufacturers

LONDON, Jan. 15, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:

Business Strategy: Developing a Visual Decision-Making Framework That Drives Business Value for Manufacturers

This IDC Manufacturing Insights report examines some of the challenges manufacturers face in seeking to support a multidisciplinary decision-making environment and offers a framework for how visualization technologies can help to address these challenges. In particular, it looks at the business value of embracing a more visual approach to decision making -- one that is enabled by information-rich but easily accessible 3D models and virtual technologies that are enhanced by social networking tools and integrated analytics.

"Incorporating PLM analytics and connecting real-time data to the product model has the potential to advance multidisciplinary decision making to a whole new level," notes Amy Rowell, research manager, Product Lifecycle Strategies. "By including information such as materials data, cost data, supplier ratings data, environmental impact data, or other metadata, the 3D product model can serve as a window into both product performance and business intelligence."

Table of Contents

IDC Manufacturing Insights Opinion

In This Study

Situation Overview

The Approach

A View, Collaborate, and Act Paradigm for Visual Decision Making

Visibility Is Essential in a Multidisciplinary Decision-Making Environment

Visualization Technologies Support Decision Making at All Levels

2D/3D Visualization Technologies in the Context of a Visual Decision-Making Framework

Protecting Valuable Intellectual Property

Enhancing Multidisciplinary Decision Making with Real-Time Analytics Data

The Benefits of a Visual, Multidisciplinary Approach to Product/Portfolio Decision Making

Visual Decision Making Is Only as Accurate as the Underlying Product Data and Information

Future Outlook

Essential Guidance

Actions to Consider

Learn More

Related Research

Synopsis

Table: IDC Manufacturing Insights' Visual Decision-Making Framework

Table: Visualization Strategies to Support Informed Decision Making

Figure: A View, Collaborate, and Act Paradigm for Visual Decision Making

Figure: Visualization Technologies: An Overview of Common Approaches

Figure: Task Support Capabilities of Tools: From Retrospective to Prospective Understanding

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Business Strategy: Developing a Visual Decision-Making Framework That Drives Business Value for Manufacturers
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