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Connected Industries Insight Series: ICT Opportunities in the Global Smart Plants Market : Emerging Opportunities for ICT Providers in the Manufacturing Industry

  • March 2015
  • 44 pages
  • Frost & Sullivan
Report ID: 2794474

Summary

Table of Contents

The emergence of Industry 4.0 is changing the dynamics of the manufacturing industry. Automation, intelligent connectivity, and data analytics on the plant-floor is leading to the development of Internet of Things (IoT) in the manufacturing industry. Increased collaboration between IT providers and industrial automation providers is pivotal to the implementation of smart plants. This report exhibits the opportunities for ICT in the manufacturing industry and presents ICT spend in the manufacturing sector across components such as IT hardware, IT software, IT services, and communication. The report also highlights the recommendations for different types of providers in the IT ecosystem.

Connected Industries Insight Series

•They are condensed versions of published market research studies, drawn from Frost & Sullivan’s dedicated research practices.
•They are written with an ICT audience in mind, providing data that can help tailor vertical growth strategies.
•They offer targeted strategic and tactical advice to support vertical growth strategies.
•Each deliverable provides:
oMarket overview—including key trends, drivers, and restraints.
oRecommendations for ICT providers wanting to target growth opportunities in the market.

Market Overview—Definitions

Oil and Gas: The oil and gas industry encompasses all companies involved in the exploration, production, and transportation of oil and gas. This includes the upstream, midstream, and downstream processes.
Pharmaceuticals: This segment includes establishments primarily engaged in the manufacturing of biological and medicinal products; processing (grading, grinding, and milling) of botanical drugs and herbs; isolating active medicinal principles from botanical drugs and herbs; and the manufacturing of pharmaceutical products intended for internal and external consumption in forms such as ampoules, tablets, capsules, vials, ointments, powders, solutions, and suspensions. Though medicine manufacturing is covered in this sector, medical equipment manufacturing is not considered.
Chemicals: The chemicals segment includes companies that manufacture basic chemicals such as acids and salts, chemicals used in manufacturing such as pigments and colors, chemical end products such as soaps and cosmetics, and specialty end products.
Power: The power generation industry includes all forms of power-generating plants such as fossil fuel, wind, hydro, nuclear, and geo-thermal. Establishments in this industry group are likely to perform one or more of the following activities:
•Operate generation facilities that produce electric energy
•Operate transmission systems that convey electricity from the generation facility to the distribution systems
•Operate distribution systems that convey electricity to the final consumer Metals and Mining: The metals included in this segment are iron, steel, coal, and other base metals.


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