Enterprise Manufacturing Intelligence (EMI) 2017 Global Market Expected to Grow at CAGR 11% and Forecast to 2020
December 19, 2017 at 09:08 AM EST
New York, NY -- (SBWIRE) -- 12/19/2017 -- Technavio's market research analyst predicts the global EMI market to grow steadily at a CAGR of around 11% during the forecast period. The need to raise productivity in manufacturing is the primary growth driver for this market. Conventional manufacturing processes and business strategies can no longer match a company's productivity targets. As a result, manufacturers are innovating business models and products and are framing new business policies to enhance the manufacturing processes. For instance, Rockwell's FactoryTalk offers new ways to boost production, reduce costs, and improve product quality. This software offers users comprehensive insight into existing equipment and identifies the main causes of downtime and loss of productivity, thereby modernizing the manufacturing process.