Prescriptive analytics is a bit of a unicorn - a thing of beauty, but rarely seen. That's about to change, with prescriptive analytics and the Industrial Internet of Things (IIoT) enjoying their teenage years together.
Rapid growth in the worldwide market for warehouse automation and control systems is being driven primarily by the global boom in e-commerce, and its profound effects on fulfillment requirements, according to an ARC Advisory Group market study.
Driven by the need to continuously improve the performance of industrial operations, the worldwide market for asset reliability software and services should experience growth that will outpace the automation market as a whole, according to a new ARC Advisory Group study.
The market for cloud-based enterprise resource planning systems, which eliminate on-premise implementation with its upfront capital expenditures for hardware and software, is ripe for growth in India, according to research from ARC Advisory Group.
Global trade management (GTM) solutions streamline and automate processes related to customs and regulatory compliance, global logistics, and trade financing. By doing so, GTM solutions facilitate the flow of information, money and goods in global trade supply chains that include buyers, sellers and intermediaries, including customs agencies, banks, and freight forwarders.
A new cloud enterprise resource planning software supplier guide from ARC Advisory Group includes both selection criteria and guided workflow steps for choosing the correct cloud ERP system and supplier.
Increased importance to quality, production performance, business system integration, and increased regulations on food and drug safety are fueling the growth in the batch management software (BMS) market. Global economic conditions and countries with increasingly troublesome fiscal conditions and policies are impacting regional growth patterns.
The global market for warehouse management systems grew by 8 percent in 2012. Growth was broad-based, occurring in both well-established and emerging market segments. The WMS replacement cycle is responsible for much of the recent growth in the mature segments. As this dynamic diminishes, more enduring factors will propel future market growth. These factors include expanded adoption of WMS add-on modules, additional upgrades due to the benefits delivered by supply chain execution platforms, and increased demand driven by the omni-channel retail paradigm.
After the economic crisis, which had a marginal effect on the power generation industry, the automation and software solutions market in the electric power generation sector continued to grow. While the capital expenditure trend grew strongly from 2006 until 2008, it went down significantly in 2009 due to the global economic crisis. However, the investment activities resurged in 2010 and 2011. Developed economies have increased their investment in grid modernization while emerging economies have continued to build new electricity infrastructure. China's projects in this sector are ambitious and farsighted.
