The pace and scale of change across high-tech manufacturing is a once-in-a-century transformation. Industries once neatly segmented as automotive, industrial manufacturing, and consumer electronics are converging. High-tech manufacturing has evolved into an interconnected super-industry.
The resulting disruption—affecting every corner of the manufacturing sector—is profoundly, permanently altering the industrial landscape. And what the industry provides to customers, both individual consumers and businesses, has changed. No longer can any one of these industries function in isolation. They and their products are inextricably interdependent, changing customer expectations and the competitive landscape.
Evolution is not new to business leaders. We know that those who remain loyal to the status quo are left behind. But this is different. The boundaries that once separated industries are not simply blurring; they are gone.
Those who are willing to adapt and proactively shape customer demand have the opportunity to set the future course—not only for their enterprise but for entire segments of the market.
