Research sheds light on emerging technologies

Money is tight in manufacturing, but spending on emerging technology is on the rise. If you need to make that point to your corner office, here’s some new research on the market that may help. AMR Research released a report showing that enterprise resource planning spending will jump 12.3% in 2007.

01/01/2007


Money is tight in manufacturing, but spending on emerging technology is on the rise. If you need to make that point to your corner office, here’s some new research on the market that may help.

AMR Research released a report showing that enterprise resource planning spending will jump 12.3% in 2007. “The survey found that technology buyers understand the need to invest in better information systems, and in most markets they have the capital to do so,” a press release on the report noted.

That report can be found at www.amrresearch.com

Two new reports from ARC Advisory Group show continuing growth in the human-machine interface and distributive control systems markets

The HMI software market is expected to grow from $650 million in 2005 to more than $1 billion by 2010. The HMI software services market is expected to grow faster than the total HMI software market over the next five years. “The last two years have been witness to growth rates near 20%. The corresponding effect on supplier’s market shares has been equally dramatic,” said ARC analyst Stefan Surpitski, the principal author of the report, which can be found at www.arcweb.com/res/hmi .

The DCS market experienced the strongest growth in a decade between 2004 and 2005, increasing at a rate of close to 9%. This strong growth is expected to continue through 2010, with the global market increasing at an average annual rate of almost 7%.

“It’s really a perfect storm when it comes to DCS market growth,” said Larry O’Brien, ARC research director principal author of the report. The full text of the ARC study on the DCS market is at www.arcweb.com/res/dcsww .

Both reports were released in advance of ARC’s annual conference in Orlando. The topic of this year’s event, scheduled for Feb. 12 to Feb. 15, is “Driving Performance in a Flat World.” Plant Engineering is a sponsoring publication for the conference. For more information, go to www.arcweb.com .





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Controller programming; Safety networks; Enclosure design; Power quality; Safety integrity levels; Increasing process efficiency
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me