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[November 13, 2012]
Research and Markets: Global Batch Management Software Market 2011-2015 Discusses That a Major Challenge in the Market Is the Non-Availability of a Skilled Workforce
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (
) has announced the addition of the "Global Batch Management Software Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Batch Management Software market to grow at a CAGR of 7.84 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need for enhanced production. The Global Batch Management Software market has also been witnessing the development of industry-specific batch management software. However, the non-availability of a skilled workforce could pose a challenge to the growth of this market.
Key vendors dominating this market space include ABB Ltd., Rockwell Automation Inc., Siemens AG, and Emerson Electric Co.
Other vendors mentioned in the report: General Electric Co., SAP AG, Honeywell International Inc., Invensys plc, Werum Software and Systems AG, Yokogawa Electric Corp., and Aspen Technology Inc.
Commenting on the report, an analyst from TechNavio's Engineering team said: "In this competitive business environment, several regional and local batch management software vendors have started to focus on industry-specific batch management solutions. Since each industry has a unique batch automation requirement, these industry-specific batch management solutions further increase the operational performance of end-users. Moreover, these solutions can easily be integrated with other industry-specific industrial applications such as distributed control systems (DCS), manufacturing execution system (MES), and enterprise resource planning (ERP)." According to the report, in this highly competitive business environment, companies are competing in providing cost-effective superior quality products. The effective deployment of batch management software gives organizations flexible production and enhanced batch visualization capabilities. Further, it also enables them to analyze batch processes and creates real-time web-based reports, thereby improving the yield performance and increasing the throughput. Moreover, it also facilitates optimization of resource utilization, thereby reducing the overall cost of the products. Hence, several organizations across various industries such as Chemical, Polymers, and Pharmaceutical have started to adopt batch management software in order to improve their operational performance.
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