Achieving sustainable operating costs and providing value
Explore the pivotal role of managed services within the industrial manufacturing sector.
Achieving Sustainable Operating Costs and Providing Value with KPMG Managed Services
In the face of growing complexities within the industrial manufacturing sector, companies are on a continuous quest to not only sustain but also enhance their growth trajectories. KPMG's latest insights reveal that fewer than 40% of industrial manufacturing CEOs are optimistic about achieving growth rates of more than 2.5% over the next three years. The sector is currently grappling with rising costs, the imperative need for digital transformation, and mounting cybersecurity threats. In response, many organizations are turning to managed services as a strategic solution to these challenges.
Unlocking Growth Through Managed Services
Managed services are emerging as a beacon of hope for industrial manufacturers, offering a pathway to navigate through the maze of digital transformation, cybersecurity, and regulatory compliance challenges. About 70% of industrial manufacturing organizations have already embraced managed services, seeking expertise in areas such as cybersecurity, compliance, and data management. This strategic shift is not merely about managing costs but about fostering innovation, agility, and resilience in operations.
Key Trends and Considerations
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The Value Proposition of Managed Services
Managed services are transcending traditional transactional models, moving towards outcome-based, as-a-service subscriptions that promise not just cost savings but also strategic advantages such as:
- Reduced Operational Costs: Potential to lower total operational costs by 15 to 45%, with scalable solutions that adapt to changing business priorities.
- Enhanced Cybersecurity: Customized managed detection and response services tailored for the industrial manufacturing sector to address the expanding attack surface.
- Agile Compliance Processes: Automated solutions to keep pace with regulatory changes, ensuring compliance and supporting ESG initiatives.
Why Choose KPMG Managed Services?
KPMG stands at the forefront of this transformational journey, offering multidisciplinary expertise that spans strategy, technology, and process management. Our managed services are designed to evolve with your business, ensuring sustained growth and competitive advantage. Here’s what sets us apart:
- Embedded Domain Expertise: Our services are enriched with deep industry, process, and technology insights to support your ongoing transformation needs.
- Strategic Collaboration: We believe in working closely with our clients, blending advanced tech solutions with human capabilities to achieve desired outcomes.
Ready to Transform Your Operations?
Discover how KPMG Managed Services can tailor a solution for your business’s unique challenges and opportunities. Learn more about our practice and how we can assist you in achieving sustainable operating costs while adding value across your operations.
Let KPMG help you navigate the complexities of today’s industrial manufacturing landscape, driving growth, efficiency, and innovation in your operations.
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