5 months ago
The Business Intelligence Procurement Intelligence Report 2023-2030: Unlocking the Value of Procurement Analytics
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The business intelligence category is expected to grow at a CAGR of 9.1% from 2023 to 2030. The organizations’ desire to modernize and to have a solid strategy for effective go-to-market planning is the primary pillar of category growth. Its services cover a comprehensive understanding that aids in better business decisions that are quick, precise, and tailored providing a competitive edge over others, making it irresistible for a company to implement it in their business. Organizations are starting to recognize and value the importance of data in their operations as the world generates more data from various sources.
The global business intelligence market size was estimated at USD 26.92 billion in 2022. Every industry is seeing an increase in the adoption of BI solutions among small and midsized organizations, fueling the category market. The advantages that BI software offers have led to a spike in the demand for cloud-based business solutions in the SME sector. Data scalability is a prominent feature of BI software and application. The rising need for industry-specific BI solutions in banking, manufacturing, healthcare, security services, and many other areas is one of the emerging category trends.
#ProcurementIntelligence #SupplyChainOptimization #StrategicProcurement #SpendAnalyticsTrends #SupplierRiskManagement #ProcurementTransformation #DataDrivenProcurement #DigitalProcurementSolutions #ProcurementPerformanceMetrics #ProcurementIndustryForecast
Download Sample Copy@ https://tinyurl.com/n9enjc...
The business intelligence category is expected to grow at a CAGR of 9.1% from 2023 to 2030. The organizations’ desire to modernize and to have a solid strategy for effective go-to-market planning is the primary pillar of category growth. Its services cover a comprehensive understanding that aids in better business decisions that are quick, precise, and tailored providing a competitive edge over others, making it irresistible for a company to implement it in their business. Organizations are starting to recognize and value the importance of data in their operations as the world generates more data from various sources.
The global business intelligence market size was estimated at USD 26.92 billion in 2022. Every industry is seeing an increase in the adoption of BI solutions among small and midsized organizations, fueling the category market. The advantages that BI software offers have led to a spike in the demand for cloud-based business solutions in the SME sector. Data scalability is a prominent feature of BI software and application. The rising need for industry-specific BI solutions in banking, manufacturing, healthcare, security services, and many other areas is one of the emerging category trends.
#ProcurementIntelligence #SupplyChainOptimization #StrategicProcurement #SpendAnalyticsTrends #SupplierRiskManagement #ProcurementTransformation #DataDrivenProcurement #DigitalProcurementSolutions #ProcurementPerformanceMetrics #ProcurementIndustryForecast
5 months ago
(E)
Industrial Robotics Procurement Landscape: Opportunities and Challenges
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The global industrial robotics market was valued at USD 26.52 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10.5% from 2023 to 2030. The growing trend of Industry 4.0 is driving the use of robotics and smart manufacturing in the industrial sector. Manufacturers are expanding their factories to cater to the growing demand for industrial robotics. For instance, in December 2022, ABB Ltd. opened a new mega robotics factory for production and research in Shanghai, China. The company invested around USD 150 million to launch the 67,000-square-meter factory.
Moreover, companies are developing robots with advanced technologies and modern features due to the growing industrial sector and its complex processes. For instance, in June 2022, Epson Robotics launched its GX4 and GX8 SCARA robotics series. The company announced that the robots would provide multiple arm support and offer high precision task accuracy for complex handling tasks. Technological advancements of similar nature are expected to drive market growth during the forecast period.
#IndustrialRobotics #RoboticsAutomation #ProcurementStrategies #ManufacturingTechnology #SupplyChainOptimization #TechInvestments #OperationalEfficiency #CompetitiveAdvantage #IntelligentRobotics #IndustryInsights
Download Sample Copy@ https://tinyurl.com/5yyd2n...
The global industrial robotics market was valued at USD 26.52 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10.5% from 2023 to 2030. The growing trend of Industry 4.0 is driving the use of robotics and smart manufacturing in the industrial sector. Manufacturers are expanding their factories to cater to the growing demand for industrial robotics. For instance, in December 2022, ABB Ltd. opened a new mega robotics factory for production and research in Shanghai, China. The company invested around USD 150 million to launch the 67,000-square-meter factory.
Moreover, companies are developing robots with advanced technologies and modern features due to the growing industrial sector and its complex processes. For instance, in June 2022, Epson Robotics launched its GX4 and GX8 SCARA robotics series. The company announced that the robots would provide multiple arm support and offer high precision task accuracy for complex handling tasks. Technological advancements of similar nature are expected to drive market growth during the forecast period.
#IndustrialRobotics #RoboticsAutomation #ProcurementStrategies #ManufacturingTechnology #SupplyChainOptimization #TechInvestments #OperationalEfficiency #CompetitiveAdvantage #IntelligentRobotics #IndustryInsights
6 months ago
Pressure Vessels Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The global pressure vessels category is anticipated to grow at a CAGR of 3.8% from 2023 to 2030. Growth of the category can be attributed to rising industrialization, growing energy demand, rising adoption of supercritical power generation technologies, rise of chemical & petrochemical sectors, and stringent government regulations & policies for safely transfer of gases and chemicals. The product offered in the category witnesses significant application in chemical & petrochemical sector.Pressure vessels are required for a variety of processing operations in the sector, such as chemical storage, mixing, distillation, and chemical reactions.The demand for novel, tailored compounds that fulfil certain needs and provide improved functionality is what is causing this change. However, high cost involved in the manufacturing and maintenance of pressure vessels as it requires specialized design & engineering would hinder the growth of the global category.
Key technologies that are transforming the manufacturing of pressure vessels include artificial intelligence (AI), 3D printing, robotics & automation, industry internet of things (IIoT), and augmented reality (AR). AI’s ability to evaluate enormous volumes of data in real-time is one of the most important advantages for manufacturing.AI algorithms can swiftly process and analyze data to detect patterns and trends, assisting manufacturers in understanding how production processes are operating. This is made possible by Industrial Internet of Things (IIoT) devices and sensors that gather data from machines, equipment, and production lines.
#PressureVesselsProcurement2030 #StrategicSourcingInsights #ProcurementIntelligence2023to2030 #SupplyChainOptimization #ProcurementBestPractices #CostManagementStrategies #SupplierEvaluation2023to2030 #CategoryManagementInsights #ProcurementInnovation #MarketIntelligenceReport
Download Sample Copy@ https://tinyurl.com/bddkph...
The global pressure vessels category is anticipated to grow at a CAGR of 3.8% from 2023 to 2030. Growth of the category can be attributed to rising industrialization, growing energy demand, rising adoption of supercritical power generation technologies, rise of chemical & petrochemical sectors, and stringent government regulations & policies for safely transfer of gases and chemicals. The product offered in the category witnesses significant application in chemical & petrochemical sector.Pressure vessels are required for a variety of processing operations in the sector, such as chemical storage, mixing, distillation, and chemical reactions.The demand for novel, tailored compounds that fulfil certain needs and provide improved functionality is what is causing this change. However, high cost involved in the manufacturing and maintenance of pressure vessels as it requires specialized design & engineering would hinder the growth of the global category.
Key technologies that are transforming the manufacturing of pressure vessels include artificial intelligence (AI), 3D printing, robotics & automation, industry internet of things (IIoT), and augmented reality (AR). AI’s ability to evaluate enormous volumes of data in real-time is one of the most important advantages for manufacturing.AI algorithms can swiftly process and analyze data to detect patterns and trends, assisting manufacturers in understanding how production processes are operating. This is made possible by Industrial Internet of Things (IIoT) devices and sensors that gather data from machines, equipment, and production lines.
#PressureVesselsProcurement2030 #StrategicSourcingInsights #ProcurementIntelligence2023to2030 #SupplyChainOptimization #ProcurementBestPractices #CostManagementStrategies #SupplierEvaluation2023to2030 #CategoryManagementInsights #ProcurementInnovation #MarketIntelligenceReport
6 months ago
Lubricants & Greases Procurement Intelligence Report, 2023 - 2030 |
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The lubricants & greases category is anticipated to grow at a CAGR of 4.0% from 2023 to 2030. The growth is attributed to the rising trade of vehicles & spare parts and the demand for automotive oils. There is a significant increase in the utilization of eco-friendly industrial lubricants & greases due to rising environmental awareness which has resulted in the need of more energy-conserving and green industrial solutions. These solutions are made using organic, and biodegradable ingredients and they offer premium protection that increases the life of machinery and reduces waste. Additionally, determining the correct ISO viscosity grade and viscosity index while choosing industrial lubricants is also crucial as it is used to measure the stability, and flow resistance of the lubricants.
As the popularity of electric and hybrid vehicles continues to rise, there is a growing demand for lubricants that can minimize wear and protect vehicle electronics. The advancements in hybrid and electric car technology have led to new requirements for lubricants, such as enhanced fluidic performance, as well as improved electrical and thermal properties. However, achieving high performance and reliability in lubricants while maintaining the energy efficiency of electric and hybrid vehicles poses a significant challenge. This has spurred a need for extensive research to develop advanced lubricants that can enhance the energy efficiency of these vehicles.
#LubricantsProcurement #GreasesProcurement #Procurement2030 #SupplyChainOptimization #CostEfficiency #ProcurementTrends #SustainableSourcing #DigitalProcurement #SupplierManagement #ProcurementExcellence
Download Sample Copy@ https://tinyurl.com/v2fsrb...
The lubricants & greases category is anticipated to grow at a CAGR of 4.0% from 2023 to 2030. The growth is attributed to the rising trade of vehicles & spare parts and the demand for automotive oils. There is a significant increase in the utilization of eco-friendly industrial lubricants & greases due to rising environmental awareness which has resulted in the need of more energy-conserving and green industrial solutions. These solutions are made using organic, and biodegradable ingredients and they offer premium protection that increases the life of machinery and reduces waste. Additionally, determining the correct ISO viscosity grade and viscosity index while choosing industrial lubricants is also crucial as it is used to measure the stability, and flow resistance of the lubricants.
As the popularity of electric and hybrid vehicles continues to rise, there is a growing demand for lubricants that can minimize wear and protect vehicle electronics. The advancements in hybrid and electric car technology have led to new requirements for lubricants, such as enhanced fluidic performance, as well as improved electrical and thermal properties. However, achieving high performance and reliability in lubricants while maintaining the energy efficiency of electric and hybrid vehicles poses a significant challenge. This has spurred a need for extensive research to develop advanced lubricants that can enhance the energy efficiency of these vehicles.
#LubricantsProcurement #GreasesProcurement #Procurement2030 #SupplyChainOptimization #CostEfficiency #ProcurementTrends #SustainableSourcing #DigitalProcurement #SupplierManagement #ProcurementExcellence
7 months ago
Industrial Distribution Market (Latest Report) is Anticipated to Undergo Significant Growth in Between 2024 and 2030
The Global Industrial Distribution Market is exhibiting substantial growth, with a valuation of USD 8,162.83 Billion in 2023, and is poised to reach USD 12,219.18 Billion by 2030, progressing at a robust CAGR of 5.27% during the forecast period from 2023 to 2030.
Our comprehensive Global Industrial Distribution Market analysis report delivers essential insights to its readers. It meticulously evaluates critical market data in the context of demand dynamics, organizational support, potential advantages, and strategic approaches employed by key industry players.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.kingsresearch....
#IndDistMarket #SupplyChainSolutions #ManufacturingSupplies #LogisticsHub #DistributionNetwork #IndustrialProcurement #WarehouseManagement #SupplyChainOptimization #DistributionManagement #IndustrialLogistics
The Global Industrial Distribution Market is exhibiting substantial growth, with a valuation of USD 8,162.83 Billion in 2023, and is poised to reach USD 12,219.18 Billion by 2030, progressing at a robust CAGR of 5.27% during the forecast period from 2023 to 2030.
Our comprehensive Global Industrial Distribution Market analysis report delivers essential insights to its readers. It meticulously evaluates critical market data in the context of demand dynamics, organizational support, potential advantages, and strategic approaches employed by key industry players.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.kingsresearch....
#IndDistMarket #SupplyChainSolutions #ManufacturingSupplies #LogisticsHub #DistributionNetwork #IndustrialProcurement #WarehouseManagement #SupplyChainOptimization #DistributionManagement #IndustrialLogistics
