New York, March 17: Market Research Engine has published a new report titled as “Global Manufacturing Execution System (MES) & Enterprise Manufacturing Intelligence (EMI) Market, By [Enterprise (SMEs & Large), Product (Software, Services, Consulting, Integration, Maintenance), Industries (Process Industries, Discrete Industries), Region] – Trends & Forecast, 2015-2020”.
Enterprise
Manufacturing Intelligence (EMI) is software used for bringing
manufacturing-related data together from different sources for the purpose of
analyzing, reporting, and summarizing. The solution analyses company’s overall operational
performance using simple yet powerful data analysis, reporting and visualization
tools. Production, costs, process capability, equipment downtime, energy,
quality, variance data and other Key Performance Indicator metrics can be
collected, aggregated, contextualized and displayed. Real-time plant status visibility,
through dashboards, trending and data analysis, downtime and efficiency
management, statistical process analysis and control.
Manufacturing
Execution System (MES) is used by the manufacturers to
retain specific manufacturing and engineering knowledge to counter the loss of
manufacturing and engineering skills and experience. Also, used to analyze and
report resource availability and status, schedule and update orders collect
detailed execution data such as material usage, labor usage, process
parameters, order and equipment status, and other critical information.
MES and EMI are one of the rapidly growing manufacturing
software and service market. MES solutions make things happen in a plant, in a
consistent manner, based on prior learning and expert knowledge. Whereas EMI provides
real-time plant status visibility, through dashboards, trending and data
analysis, down time and efficiency management, statistical process analysis and
control. These solutions have a major role within the organization, where
it provides the manufacturing company with improved operations visibility and
facilitating real-time decision-making.
The EMI market will grow at a CAGR
of 16.4% during the period 2015-2020. The MES market will grow at a CAGR of
15.6% during the period 2015-2020. The growth is due to the increasing concern of visibility
in the manufacturing cycle. Also, now companies requires standardization of all
the processes involved in manufacturing due to which they started using EMI and
MIS solution Moreover, manufacturing organization are being compelled to
adhere with the standards and regulations for manufacturing, pollution, energy,
quality, etc.
Browse Full Report here: http://www.marketresearchengine.com/reportdetails/global-manufacturing-execution-system-market
Both MES and EMI solution are widely used and have become an
industry have become an industry norm and a key differentiator across most
industries. Now vendors are trying to offer both these solutions on cloud. Some
of the major players include ABB, Honeywell, GE, Rockwell, Siemens, and
Schneider Electric. The report also includes companies for watch list such as
Eazyworks, iTach Software, and ParsecAutomation.
This study covers and analyses “MES and EMI market”
globally. Bringing out the complete key insights of this industry, this report
aims to provide an opportunity for players to understand the latest trends,
current market scenario, government initiative and technologies related to the
market. In addition, helps the venture capitalist in understanding the
companies better and take informed decisions.
Companies Mentioned
- ABB Ltd
- General Electric Company
- HCL
- Honeywell INC
- Parsec Automation Corporation
- Rockwell Automation
- ABB Ltd
- General Electric Company
- HCL
- Honeywell INC
- Parsec Automation Corporation
- Rockwell Automation
Check out of other Technology Reports:
1. Global Cloud Gaming Market
by Technology (Data Streaming Technology, Server Technology & Gaming as a
Service), by Device Type (Smartphones, Smart TVs, Console Units, Tablets, PCs)
and by Geography – Trends & Forecast 2015-2020 by Infoholicresearch
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