acing: 0px; font: 12px/18px Arial; text-transform: none; color: rgb(0,0,0); text-indent: 0px; white-space: normal; letter-spacing: normal; orphans: auto; widows: 1; webkit-text-stroke-width: 0px"> September 4, 2013 - The Collaborative Production Management for Process Industries (CPM-P) market is still a hot market – largely driven by mobile devices, big data analytics, manufacturing intelligence, energy management, regulations, globalization, performance improvements, and the need to reduce manufacturing costs. The global CPM market, which encompasses the Manufacturing Execution Systems (MES) market, is increasing in all regions of the world, driven by the need to collaborate and increase efficiency. Growth in the market is also due to the increased need for real-time information and the use of newer technologies, such as usability tools, software templates and apps, and mobility devices. Despite economic instability and risk aversion in some areas, ARC expects that industry dynamics will continue to drive overall CPM-P market growth in 2013 and beyond.
Mobile Device Usage Is Rapidly Increasing
“Due to improved graphic capabilities and the emergence of cloud computing, mobile devices with customized displays are rapidly making their way into the manufacturing environment and driving CPM-P/MES growth. Specialized graphics and displays are being designed for smartphones and tablets that correspond to the new smaller screens with easy-to-use pop-ups and drill down capabilities that contain key information. Apps are being designed to incorporate customized screens and include interaction and collaboration with information that can drive faster time to results,” according to Principal Consultant Janice Abel, the principal author of ARC’s “Collaborative Production Management for the Process Industries Global Market Research Study.”
Time to Value More Important than Ever
Achieving and sustaining profitability in manufacturing is getting more challenging as the uncertainty and volatility in the cost of energy, raw materials, water, and other resources rise, and compliance and risk management become more complex. Suppliers have responded with tools, applications, and methods to help end users achieve higher ROI and faster time to value, including improved interoperability and integration tools, modular software with app-like functionality, and templates.
Disruptive Software Technologies
According to the author, “There are disruptive software technologies and market dynamics that will drive implementation over the next five years. For example, changing workplace demographics are driving innovative use of new tools and technologies such as dashboards, analytics, tablets, and smartphones - all drivers for CPM-P applications. Suppliers are finding ways to match the experience to the end user with displays and interfaces that focus the information specifically for the functionality or role of the user. The complexity of today’s manufacturing environment requires engineers, operators, and managers to use different applications, dashboards, and performance measures.” Newer technologies and IT solutions are being implemented and next-generation architectures offer better integration, collaboration, visibility, ease of use, and time to value tools.
About ARC Advisory Group:
ARC Advisory Group is the leading market research and advisory firm for industry and infrastructure. Business and IT executives around the world depend on ARC for coverage of technology from automation and business systems to product and asset lifecycle management, supply chain management, logistics, operations management, controls and control elements. ARC is the “go-to” market research and technology analysis firm for their companies. ARC analysts have the industry knowledge and first-hand experience to help clients find the best answers.