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Manufacturing and construction driving growth in Vietnamese automation and control systems market, says report

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Despite slowdowns in certain industries, Vietnam’s automation and control systems market is witnessing stable growth, according to a report by Frost & Sullivan.

Robust expansion in the manufacturing and construction sectors plus increased foreign direct investment, growing end-user need to optimize processes and improve efficiency, and development of special economic zones are factors fuelling growth.

Nonetheless, barriers to market entry are high. To succeed in a fiercely competitive ecosystem, automation vendors must embrace new technologies, such as Internet of Things, collaborate with developers of machine-to-machine technologies, and become one-stop integrated solution providers.  [Read more…] about Manufacturing and construction driving growth in Vietnamese automation and control systems market, says report

Government incentives driving growth of Malaysian automation and control systems market, says report

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Government incentives and adoption of new technologies are driving the growth of the Malaysian automation and control systems market, according to a new report.

The Malaysian automation and control systems market, one of the biggest for suppliers, is stable and growing, says the study by Frost & Sullivan, which projects the market to be worth more than $409 million in the next four years.

Government incentives to aid manufacturing and infrastructure spend, as well as an established end-user base of sophisticated automation systems, are driving growth in the region.  [Read more…] about Government incentives driving growth of Malaysian automation and control systems market, says report

Cognitive technologies and AI poised to transform all manufacturing sectors, says Frost

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Partnership, collaboration, and technology investment crucial for growth opportunities, says Frost & Sullivan’s industrial automation and process control team 

The Internet of Things and data analytics are transforming the manufacturing space, and data is the new currency.

Currently, human intervention is needed for logical and reasonable decision making. However, with the rise of cognitive technologies, machines will be empowered to detect constantly changing manufacturing scenarios and respond in real time with minimum human intervention.

To be successful, manufacturers need to invest in artificial intelligence technology to improve plant efficiency and productivity, and build partnerships and collaborations that drive data-driven intelligence.  [Read more…] about Cognitive technologies and AI poised to transform all manufacturing sectors, says Frost

Collaborations with technology providers offer European automakers new growth opportunities

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Future business models must be based on individuality, as vehicles become the new living space, argues Frost & Sullivan’s mobility team

Improvements in advanced driver assistance system sensors are driving automation features in original equipment manufacturer vehicles, according to a new report by Frost & Sullivan.

By collaborating with leading technology providers in the autonomous driving space, OEMs have an opportunity to transform into mobility service providers and introduce levels 4 and 5 autonomous cars earlier than expected, says the business consultancy.

With several suppliers already at work on over-the-air upgrades, the adoption of this feature is expected before 2025, even for conventional cars.  [Read more…] about Collaborations with technology providers offer European automakers new growth opportunities