An innovative industry with reluctance to change
The semiconductor industry is not new to cloud technology, in fact this game-changing industry has helped other sectors become the major disruptors that they are today. However, the semiconductor industry has been slow the cloud technology that they help develop into their own functions.
Chip-makers concerns over security or innovation capacity have made cloud adoption a barrier some companies. Accenture is aware of these concerns and today’s mature cloud solutions offers features like enhanced security and automation technologies that go beyond on-site systems.
Solutions presented in this research detail best-practices to unlock cost savings, tap into strategic advantages and leverage the power of cloud.
Cloud driven market trends
The cyclical nature of the semiconductor industry can make moving into new businesses a challenge especially when facing a repeating market force. Based on our research, these trends have been identified as leading factors for cloud implementation.
Unlocking the benefits of cloud now
Implementing cloud technology can be a major benefit for IC manufacturing but emerging business begs for a more customized approach. Across the industry, cloud offers organization-wide strategic benefits. There are 8 primary benefits that have been revealed, but here are a few starters.
Potential applications across the ecosystem
The semiconductor industry ecosystem is unlike any other in tech. For example, the lines between competitors and collaborator is blurred so that when one part of the relationship harnesses the power of cloud, others in the chain stand to benefits.
No time to wait
Innovation is currency and there’s no need to accept various aspects of the semiconductor industry that are not thriving. However, there is only so much to go around a company’s structure and capabilities. Cloud is the key to accelerate the pace of innovation for the future and there are four steps that semiconductor companies can take to begin the transformation.