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Web-based MES software provides complete real-time information from production plants. A web-based MES integrates with various production plants at the shop floor level and shares the information gathered through a common database. With web-based MES, customers get many advantages and benefits such as cost-effective solutions and support, increased efficiency, lower operating expenses, and a lower level of complexity. Thus, it helps improve the decision-making system and reduces the overall total cost of ownership. Therefore, the cost-effective web-based MES solution is expected to enhance the market potential for many cost-sensitive industries during the forecast period.
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Analysts forecast the Global MES market to grow at a CAGR of 11.71 percent over the period 2012-2016. According to the report, one of the major drivers is the need to improve decision-making systems. An MES provides better control and visibility of the entire production plant and also integrates various manufacturing operations such as production planning, scheduling, order processing, inventory management, and bill of materials, which attracts manufacturing companies to adopt MES solutions.
Further, the report states that a major challenge in the market is a reluctance to use the latest technology. Several organizations across various process and discrete industries globally, find it difficult to shift from their legacy system to the latest technology due to issues of the interoperability and compatibility with the existing systems.
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The report recognizes the following companies as the key players in the Global MES Market: GE Co., Invensys plc, Rockwell Automation Inc., and Siemens AG.
Other vendors mentioned in the report are ABB Ltd., Applied Material Inc., Apriso Corp., Aspen Technologies Inc., Camstar Systems Inc., Emerson Process Management, Eyelite Inc., Honeywell International Inc., IBM Corp., Oracle Corp., SAP AG, Schneider Electric Co., and Werum Software & Systems AG.
Key questions answered in this report:
- What will the market size be in 2016 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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