TechNavio today launched its report Global Batch Management Software Market 2011-2014 based on an in-depth study. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Engineering Software team said, Many of the large batch management software vendors have started to focus on fast-growing SMEs by providing specifically tailored batch management software. SMEs require compact batch management software that requires less maintenance and is easy to configure. Therefore, vendors have scaled down their batch management offerings by removing advanced equipment and recipe management features. However, these SME-specific batch management solutions include all the other features such as being available off-the-shelf and visualization and reporting, and system documentation capabilities.
According to the report, manufacturing companies adopt batch management software to reduce production cost and lead time. Many discrete manufacturing companies prefer to use batch management software to reduce production cost. Batch management software reduces the lead time of the production process by providing real-time information. Batch management software maximizes operational efficiency by reducing production cycle time, reducing work-in-progress inventory, lead time, and paperwork. Therefore, the manufacturing companies are able to reduce the lead time and improve the speed of the time-to-market of a product.
The report also discusses that the Global Batch Management Software market faces challenges due to lack of support and services offered by vendors.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-batch-management-software-market-201…
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TechNavio Announces the Publication of its Report – Global Batch Management Software Market 2011-2014
