C&M: Indian industry for industrial automation system integration services to be driven by increasing need for tailor-made solutions
System Integration Services Market for Industrial Automation in India 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-18 08:03:01
The System Integration Services market for Industrial Automation in India is to grow at a CAGR of 10.44 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need for tailor-made solutions. The System Integration Services market for Industrial Automation in India has also been witnessing the adoption of service-oriented architecture. However, the lack of expertise could pose a challenge to the growth of this market.
Currently, for several organizations, and specifically SMEs, the IT environment accounts for a significant portion of the investment budget. In addition, a large amount is spent on maintenance of the IT infrastructure. Hence, the total amount spent on automation solutions such as MES, SCADA, DCS, HMI, and PLC is quite large. The need to reduce costs yet become technology-savvy at the same time is a challenge most organizations are currently facing. Many organizations feel that it would be much better to have an almost maintenance-free IT system where money is only spent on new business functionalities rather than on IT systems. With the adoption of service-oriented architecture and business process management, the ratio between money spent on maintenance and money spent on new business functions will improve dramatically. This will also help make the organizational process less labor-intensive.
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