LONDON (Jan. 14, 2014) – Escalating investments in the exploration and production of conventional oil and gas is propelling the adoption of pumps around the world. The Western hemisphere will lead the way in uptake as production surges owing to the shale oil and gas boom in North America, oil sands in Canada, and conventional reserves in Brazil, Venezuela and Mexico.
Frost & Sullivan
TORONTO (Dec. 3, 2014) – Armstrong Fluid Technology has been presented with a prestigious Frost & Sullivan Best Practices Award in recognition of world-class performance in business strategy, operations and customer service. At a gala ceremony in Toronto Dec. 2, members of the senior leadership team were presented with the Customer Value Award in recognition of the return on investment provided by Armstrong solutions.
LONDON (Sept. 10, 2014) – Discrete industry manufacturers’ quest to reduce capital expenditure, shorten lead times and improve productivity is expected to fuel investments in the global product lifecycle management (PLM) market. The growing emphasis on product innovation will also catalyze the adoption of PLM across all tiers of business.
DUBAI, UAE (9 September 2014)—The increased competitiveness of the United States petrochemical industry due to the discovery of large reserves of shale gas has impacted the Middle East, which is already grappling with reduced natural gas supplies. The adverse effects of these developments have been particularly felt by the Gulf Corporation Council (GCC) countries.
LONDON (Sept. 2, 2014) – The increase in oil exploration activities, investments in new refineries and modernization of existing facilities will spur the uptake of valves and actuators, particularly in emerging markets such as Africa and Latin America. Demand from the offshore oil and gas industry in Latin America, in particular, is expected to fuel the valves and actuators market.
DUBAI, UAE (Aug. 19, 2014)—Industrial plant owners in the Middle East are increasingly recognizing the value of industrial services as privatization is encouraging the implementation of global best practices. This rising end-user awareness about the gamut of industrial services, along with the influx of global know-how, is expected to spur the growth of the industrial services market.
Pump manufacturers must be aware of industry trends to meet changing consumer demands in the food and beverage processing industry.
LONDON (July 17, 2014) – Constantly evolving customer needs are transforming the manufacturing processes globally. This is driving a new industrial revolution commonly referred to as Industrie 4.0 (I4.0).
LONDON (May 7, 2014) – By 2020, personal robots ranging between $1,500 and $4,500 could enter our lives, technologies such as 3D printing could likely generate revenue of $7.1 billion and we will witness the emergence of new business models. Frost & Sullivan explores a few radical future concepts in an exclusive analysis titled “World’s Top Global Mega Trends To 2025 and Implications to Business, Society and Cultures”.
LONDON (Feb. 18, 2014) – The manufacturing sector has traditionally implemented a range of wired networks to automate plant floor operations. However, emerging machine-to-machine (M2M) systems such as short-range wireless and long-range cellular networks are evolving into choice solutions for factories of the future.