NASSCOM-Avasant Engineering and Manufacturing Transformation

Traditionally, enterprises were reluctant to manage their engineering and manufacturing operations in the cloud because of high complexity and security concerns. This reluctance is gradually fading as the industry and the underlying technologies continue to evolve Enterprises have realized that these operations can be managed more effectively and securely in the cloud. The cloud native applications available for these operations offer pay per use pricing, higher bandwidth, elastic computing, low maintenance costs, and advanced security protocols. Further, with the onset of the pandemic, enterprises have realized the need for seamless remote collaboration and faster time to market. As a result, the global cloud market for engineering and manufacturing operations continues to grow.

The NASSCOM-Avasant report “Engineering and Manufacturing Transformation - Cloudification Approaches Critical Mass” showcases the current state of cloud adoption across different engineering and manufacturing operations and industries. Further, it emphasizes the role of ecosystem players in driving this adoption It also highlights the growth potential of this market in the next 5 7 years and the recommendations to the key stakeholder groups that can benefit from the underlying growth potential.