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Opportunities in European Industrial Services: Frost & Sullivan Insight

6 pages
Opportunities in European IndustrialOpportunities in European Industrial Services: Frost & Sullivan Insight PR Newswire LONDON, Dec. 2, 2013 -- Frost & Sullivan to discuss growth factors for the industrial service market – web conference on Thursday, 5 December 2013 The global industrial services market has grown significantly in the last few years, post-2008. Traditionally, this market is associated with repair and maintenance but of late, this perception has been changing. The focus has switched from traditional services to value-added services. This trend is likely to alter the landscape of industrial services in Europe. New growth factors in the industrial services market in Europe will be presented during Frost & Sullivan's upcoming web conference on Thursday, 5th December 2013, at 14.00 GMT. Frost & Sullivan Industrial Automation & Process Control Research Manager Sivakumar Narayanaswamy and Industry Analyst Karthik Sundaram will discuss changes in end-user expectations and requirements of services across various product markets, and how this would impact product strategies and functionalities in the future. Frost & Sullivan mapped the market into the larger framework of Industry 4.0. Implementation of innovations in services might be the first step towards achieving this futuristic vision. The industry is facing a new services evolution with "The Internet of Services" leading this process.
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Opportunities in European Industrial Services: Frost & Sullivan Insight

PR Newswire

-- Frost & Sullivan to discuss growth factors for the industrial service market – web conference on Thursday, 5 December 2013

The global industrial services market has grown significantly in the last few years, post-2008. Traditionally, this market is associated with repair and maintenance but of late, this perception has been changing. The focus has switched from traditional services to value-added services. This trend is likely to alter the landscape of industrial services in Europe.