New ARC Advisory Group research on the Manufacturing Execution Systems for the Process Industries market reveals that manufacturing execution systems (MES) is a critical technology for digital transformation. MES/MOM enables collaboration between technologies, people, and global enterprises. ARC expects MES will continue playing a critical role in the digital transformation due to their ability to connect the enterprise and enable collaboration. ARC expects investments in new MES/MOM solutions to continue because of their ability to improve collaboration and real-time efficiencies. Newer technologies including visualization, critical applications, and analytics are being embedded into MES, further enhancing their value proposition. These new technologies are sparking innovation and efficiency in the MES space by making MES solutions more interoperable, thereby enabling collaboration.
With the widespread adoption of newer connected technologies, MES/MOM solutions are expanding beyond their traditional boundaries with connected intelligence that enables operational insights. “MES is on the critical path for digital transformation because of the interoperability and value the technology provides. MES investments continue to be driven by the need for new smart technologies, new services, IT/OT convergence, enterprise intelligence, and the need to increase manufacturing efficiencies to remain competitive globally,” according to Janice Abel, Principal Consultant at ARC Advisory Group and key author of ARC’s Manufacturing Execution Systems for the Process Industries Global Market Research report.
“The outlook for MES is positive because of some of the MES technologies such as platforms that are being designed to accommodate other new technologies, including digitization, Big Data, Cloud, augmented and virtual reality, digital twins, additive manufacturing (3D printing), artificial intelligence, robotics, drones, and other devices and sensors,” added Janice.
About the Manufacturing Execution Systems for the Process Industries Research
This ARC research explores current and historical market performance and related technology and business trends, discusses best practices, identifies leading technology suppliers, and provides five-year global forecasts for the manufacturing execution systems for the process market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling and forecasting techniques. The research includes competitive analysis, plus five-year market forecasts by industry, function, revenue category, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes one year of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.