Keywords: Manufacturing Execution System (MES), Discrete Industries, Manufacturing Intelligence, Industrial Internet of Things (IIoT), Analytics, India Market Research Study
India’s Manufacturing Execution Systems (MES) market for discrete industries is on a high-growth trajectory. The market is driven by improving economic conditions, new digital technologies, the Industrial IoT, the need for product innovation and collaboration, as well as the need to increase efficiency. The use of new analytic tools and real-time information, intelligence, new platforms and other technologies such as digital dashboards and mobile devices will continue to drive the demand for MES.
Smart and Innovative Product Technologies
“There are disruptive, smart software technologies and market dynamics that will drive implementation over the next five years. For example, new tech savvy workers are driving innovative use of new tools and technologies, such as the industrial IoT, dashboards, situational and location aware software, apps for phablets and smartphones, and new analytic tools—all drivers for MES applications. These newer, smart technologies and next-generation architectures offer better integration, intelligence, collaboration, analytic tools, and visibility that are more intuitive, intelligent, easier to use and improve time to value,” according to ARC India Country Manager G. Ganapathiraman, the peer author of ARC’s “Manufacturing Execution Systems for Discrete Industries India Market Research Study”.
IoT, Analytics, Operations, and Manufacturing Intelligence Leads to Actionable Decisions
Manufacturing Execution Systems (MES) are integrated software applications that provide manufacturers with the means to plan and schedule, track and analyze using advanced analytic tools, and also direct and operate their operations. Executives are realizing immense value from using MES to increase process performance. MES solutions are already integrating to the newer IoT-connected smart devices as well as the older devices still in place that companies cannot afford to replace immediately. To leverage the Industrial IoT, including all the data from the newer digital sensors and technology applications effectively, organizations must be able to collect, integrate, contextualize, and analyze the data from multiple data sources, units, plants, and applications and use this information for faster decision making. MES solutions that include manufacturing intelligence applications are growing quickly and will become even more important as tools become more intuitive, situational, and location aware. They will offer the ability to compare best practices and functions across sites, product types, or make changes in real-time.
This market research report describes market growth, trends, and market challenges from 2014 through 2019 for those who are interested in obtaining a better understanding of the market, know who the leading suppliers are in each industry and geography, and to understand how market conditions change and affect the technology throughout the forecast period including new features and capabilities.
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