Future of MES—Impact of Industrial Internet of Things (IIoT) on MES Platforms
This Frost & Sullivan research service analyzes the impact of Industrial Internet of Things (IIoT) technologies on Manufacturing Execution Systems (MES). This research also identifies some visionary companies that have developed best-in-class IIoT-enabled MES solutions. The manufacturing sector is shifting towards the execution of production operations in a dynamic fashion. This is attributed to the advent of several technologies based on IIoT. The CAPEX and OPEX investment for IIoT-enabled MES solutions across the automotive, aerospace, medical devices, food & beverages, chemical, oil & gas, and pharmaceutical industries is expected to $1.64 billion and $0.97 billion respectively by 2022. Overall, the future MES solution will be interconnected with multiple platforms and come equipped with sophisticated functionalities that can handle adverse situations in the shop floor in real time.
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