New ARC Advisory Group research on the Supplier-Provided Automation Services market reveals that automation suppliers are aggressively targeting IIoT-enabled services for remote monitoring, data science, and support of plant assets. Predictive analytics and guidance on operational improvements are being offered to improve the effectiveness of maintenance and avoid unplanned downtime.
“Industrial IoT-enabled remote monitoring and analytics now allows the automation supplier technical experts to analyze large amounts of customer plant and asset data in a secure, cost-effective manner to provide guidance on how to improve plant operations, increase maintenance effectiveness, and avoid unplanned downtime,” according to Allen Avery, Senior Analyst at ARC Advisory Group and key author of ARC’s Supplier-Provided Automation Services Global Market Research report.
“With an increasing amount of data flowing from process plants into cloud-based applications and solutions, many end users have expressed concern about data ownership, sharing, and security. However ARC research indicates that suppliers are already addressing this concern with policies designed to protect customer data,” added Avery.
About the Supplier-Provided Automation Services Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the supplier provided automation services market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, type of service provided, product type, sales channel, customer type, and project type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) - personalized spreadsheet includes two years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.