TechNavio recognizes the following companies as the key players in the MES Market in EMEA Region: GE Co., Invensys plc, Rockwell Automation Inc., and Siemens AG.
Commenting on the report, an analyst from TechNavio’s team said: “Cloud computing technology is becoming popular among organizations because it offers huge space for data storage, provides flexibility, and enables scalability. Hence, several MES vendors have started developing cloud-based MES solutions. Moreover, the cloud provides flexibility to end-users, enabling them to access MES solutions from anywhere at any time. Furthermore, cloud-based MES software can be scaled up in terms of features more easily. Hence, the MES market in the EMEA region is witnessing an emerging trend where many vendors are developing cloud-based MES solutions to meet the demands of end-users.”
According to the report,one of the major drivers is the need to improve the decision-making system. MES provides better control and visibility of the entire production plant and also integrates various manufacturing operations such as production planning, scheduling, order processing, inventory management, and bill of materials which attracts manufacturing companies to adopt MES solutions.
Further, the report states that a major challenge in the market is the high initial investment. Several organizations in various process industries across the globe find it difficult to shift from their legacy system to the latest technology due to high cost of MES solutions. MES requires huge investment not only for its installation, but also for regular upgrades and integration and support.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/mes-market-emea-region-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -MES Market in EMEA Region 2012-2016
