BOSTON — Collaborative
production management for process Industries, which includes manufacturing
execution system software (MES), is largely driven by energy management,
regulations, globalization, standards enforcement, big data analytics
demographic changes, and the need to reduce manufacturing costs. The CPM market
grew in both 2010 and 2011, according to a new study by the ARC Advisory Group,
“Collaborative Production Management for the Process Industries Worldwide
Outlook.”
The
global manufacturing economy is impacted by the need to collaborate and
increase efficiency, and also due to the increased need for real-time
information and the use of newer technologies, such as cloud computing and
mobility devices. Even with economic instability and exchange rate
fluctuations, ARC is expecting that the industry dynamics will continue to
drive overall market growth positively in 2012 and beyond.
Achieving
and sustaining profitability in manufacturing is getting more challenging, the
report notes, as the uncertainty and volatility in the cost of energy, raw
materials, water and other resources rise, and compliance and risk management
become more complex. Improved visibility, lower cost of ownership, and reduced
product and energy costs were key drivers for many collaborative production
management solutions over the past year, the authors state. Thriving in today’s
market requires agility and effective use of both physical and human assets so
plants can execute flawlessly to planned targets and profitably capture
opportunities without compromising quality or safety.
“Competitive
pressures in all industries, in all parts of the world, are still compelling
companies to find new ways to increase production. These solutions help manufacturers
to reduce energy costs and meet stricter environmental requirements, while
improving productivity and efficiencies. Companies are continuing to look for
ways to improve operations, meet compliance regulations, improve visibility,
make sense of big data– and these are all incentives for implementing CPM
solutions,” according to Principal Consultant Janice Abel, the principal author
of the study.