TechNavio recognizes the following companies as the key players in the Global MES Market: GE Co., Invensys plc, Rockwell Automation Inc., and Siemens AG.
Commenting on the report, an analyst from TechNavio’s team said: “Web-based MES software provides complete real-time information from production plants. A web-based MES integrates with various production plants at the shop floor level and shares the information gathered through a common database. With web-based MES, customers get many advantages and benefits such as cost-effective solutions and support, increased efficiency, lower operating expenses, and a lower level of complexity. Thus, it helps improve the decision-making system and reduces the overall total cost of ownership. Therefore, the cost-effective web-based MES solution is expected to enhance the market potential for many cost-sensitive industries during the forecast period. ”
According to the report, one of the major drivers is the need to improve decision-making systems. An 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 a reluctance to use the latest technology. Several organizations across various process and discrete industries globally, find it difficult to shift from their legacy system to the latest technology due to issues of the interoperability and compatibility with the existing systems.
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/global-mes-market-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 -Global MES Market 2012-2016
