FREMONT, CA: With companies looking to explore newer opportunities for innovation and to meet demand, the market for Enterprise manufacturing operational intelligence (EMI) software is growing, reports ARC's Global Market Research Study. Delivering current market analysis with a five year market and technology forecast through 2019, the study provides an in-depth analysis of the market by industry segments and geographic regions.
Being a framework of integrated software and services, EMI brings together a company’s manufacturing and operations data through capturing of data between operations, enterprise-level and plant floor systems. Using the data, companies get greater visibility and collaboration across global industrial enterprises that enable them to make real-time decision. To capture manufacturing Big Data such as data from smart sensors and other smart and connected devices, EMI provides analysis and visualization tools and intelligent dashboards. The applications included in EMI include data integration and aggregation, data contextualization and management, analytics and analysis, and visualization.
Although a subset of the Manufacturing Execution System (MES) market, EMI happens to be the fastest-growing subcategory within the MES space. By leveraging the technologies of the Industrial Internet of Things (IIoT), Big Data, analytics, mobility, and dashboard, EMI solutions helps to drive operational excellence that improves business performance.
The study enumerates that one of the reasons responsible for the growth of EMI market happens to be the urge of companies to make faster decisions, avoid abnormal behavior, improve time-to–value, and optimize operations.
“The value industrial organizations obtain from implementing EMI software typically justifies the investment and trumps other applications,” commented Janice Abel, Principal Consultant, ARC Advisory Group and the author of “Enterprise Manufacturing Operational Intelligence Global Market Research Study”.