Each month, Tony Uphoff, visionary CEO of Thomasnet.com, joins Cloud Wars Live for a recurring segment. “Uphoff on Industry” will explore the innovations, upheavals, and breakthroughs reshaping the the world of manufacturing and industrial markets. Join Tony and me as we discuss disruptive new trends in the digital-industrial world. Today, we explore why many tech and cloud vendors have yet to understand the depth of the market opportunity that manufacturing represents today.
The Big Themes:
- Turnover in a post-pandemic world. It appears that we’re going to see a higher level of turnover in companies as we come out of the pandemic. A year of forced locked down, a strong economy emerging and a sense of “a need for change” is driving this increase turn over. This is both a problem as well as an opportunity for business leaders today.
- Industry cloud: Market transition or marketing hype? The major tech players are jockeying for position to dominate the emerging position of vertical industry clouds. This is far, far more than simply new marketing nomenclature and positioning.
- Manufacturing is the next big tech market. Reshoring, the Buy American Act, the Berry Amendment have accelerated investment in technology and a pent-up economy are creating a massive sustained resurgence in manufacturing.
- This is also creating a massive opportunity for tech vendors, many of whom have yet to really understand the depth of the market opportunity that manufacturing represents today.
The Big Quote: “We have a division called Thomas Industrial Data – now that we’re selling data into hedge funds and private equity firms.”
You can also stream the audio-only version of this episode:
Cloud Wars Live Digital All-Stars
Tony Uphoff is one of our regular Digital All-Stars. The All-Stars are experts whose video podcasts will focus on the critical themes shaping (and re-shaping!) the business world here in the digital age of 2021. Our intention is to provide regular chunks of timely ideas and insights about high-priority subjects from industry veterans with diverse backgrounds.
This episode was brought to you by BMC Software.