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Process Industries in Asia, Including India, Are Ready to Invest in Enterprise Solutions

ARC has published a study which provides the market size of such solutions across all process industries in Asia. This ‘Total Process Enterprise (TPE) Solutions Asia Outlook’ study covers software, and services for enterprise applications, including CPM, ERP, EAM, LIMS, PLM, SCP, TMS, and WMS. Statistics and trends in the study indicate that global suppliers of enterprise solutions have clearly shifted their focus to Asia and consider the region’s growth potential to be the best in coming years.

Although the current economic crisis has been a bit of a dampener, the market still offers significant growth opportunities. ARC’s research reveals that process industries in Asia, which includes India, are ready to invest in enterprise solutions for achieving demand fulfillment, productivity improvements by tightly integrating supply chains with production scheduling, traceability, statutory compliance, and others. The enterprise solution market for process industries will grow close to double digit growth through 2012 in Asia due to robust investments in the process manufacturing industries. The bulk of the TPE market is largely serviced by nine suppliers and they together contribute close to 55 percent of the TPE market in Asia. Of the top nine suppliers, four are from the automation space and the rest are enterprise software providers.

Enterprise applications are designed to help manufacturing companies better manage business processes. Process enterprise solutions provide process manufacturers the means to plan & schedule, track & analyze, and direct & operate their operations on a continual basis through functionality, such as workflow planning and management, plant and process modeling, recipe management, resource management, production optimization, product lifecycle management, warehouse management, transportation management, enterprise management, asset management and other applications. While some sectors in manufacturing industries in the Asian economy are slowing down, Asia’s process industries remain in relatively good shape, overtaking discrete industries as the highest contributors to manufacturing output.

This TPE study identifies growth segments and market trends, as well as challenges suppliers face in achieving growth in a fiercely competitive environment. The challenge for the enterprise application market in Asia lies in how suppliers can differentiate themselves while offering increased value proposition to users. This is important in a market that is expected to sustain growth momentum and where users in many process industries have a good perception of the overall benefits of enterprise applications. This study provides a number of recommendations, such as which strategies create the winning difference, which specific industry sectors should be targeted, how to address the business issues and queries of users of enterprise applications, how to leverage existing investments in ERP, SCM, and MES, and enhance their value. If one is looking for growth opportunities in the enterprise market in the process industry segment, then this study is an effective implementation and planning guide. Enterprise solution providers interested in increasing their market shares and customizing their strategies to optimize sales in specific manufacturing industry segments, such as Chemical, Food & Beverage, Oil & Gas, Petrochemical, Pharmaceuticals, Metals & Mining, Pulp Paper Industries, and Water & Wastewater would find the study useful. The study highlights market drivers for the adoption of enterprise solutions in process industries. Enterprise solution providers will find the ‘Total Process Enterprise Solutions Asia Outlook’ study to be of immense interest and value.

The study discusses the opportunities in each of the enterprise solutions’ space, market shares of leading suppliers, country-wise, industry-wise, and makes strategic recommendations for companies to consolidate their leadership position. Please call ARC to find out whether you figure as one of the top players in the enterprise solution Asia market and ARC would be happy to write a report stating reasons and benefits of your solutions in this space.

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