London, 03 July 2015 – Technavio, a tech-focused research firm, has published a new report on the manufacturing execution systems (MES) market in the APAC region, which is projected to grow at a CAGR of almost 17% from 2015-2019.
The new Technavio report specifies that growing demand from consumers is compelling manufacturers to cater to their needs with high-quality, differentiated products. MES enables service providers to switch from hectic paperwork to system-enabled operations, which is less time consuming and provides better decision-making capabilities.
“Growing demand for systems like manufacturing execution systems, which enable faster decision making in product development at low costs, is triggering market growth significantly,” says Faisal Ghaus, Vice President of Technavio.
The report also emphasizes the manufacturing industry, where operators are realizing the benefits of installing MES, which is being integrated continuously to newer IoT-connected smart devices. There is a need to leverage industrial internet of things, which is considered the next generation of operational technology.
“Systems that can collect, integrate, and analyze data from multiple sources, units, plants, and operations are highly preferred for faster decision making. In this regard, MES offers the ability to compare best practices and operations across sites and product offerings,” adds Ghaus.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
