2023 continues to be a challenging year for manufacturers, with ongoing supply chain disruptions, economic and geopolitical shifts, as well as talent shortages adding to the anticipated hurdles. This white paper dives into the why and how of strategic cost optimization for the manufacturing Information Technology (IT) and Operational Technology (OT) landscape. It covers:
- How Industry 4.0 and innovation have impacted manufacturing cloud spend trends;
- Why generic cost-cutting strategies are not always best;
- Why cloud cost optimization should involve both IT and OT;
- Where to allocate more resources and optimize for innovation with advanced technologies;
- Lastly, which cost optimization actions should be ongoing, and how to adapt when changes arise.
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