Internet Of Things To Improve Engineering Ser Production Process Posted by sainath on November 26th Authentic Alessio Cerci Jersey , 2018
Engineering services firms are increasingly using industrial IoT to improve their production process. Internet of things or IoT is a system of interrelated systems or devices that enables to transmit data over a wide range of network. By using this technology, engineering service firms exchange real time information that helps to design and develop products at a fast rate.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL ENGINEERING SERVICES MARKET AT USD1.02 TRILLION IN 2017
Western Europe was the largest geographic region in the market, accounting for a little less than one-third of the global market share.
Read report: to The Business Research Company’s Consultant, Nitin Gianchandani Authentic Fernando Torres Jersey , the market is driven by soaring expenditure and growing competition among the firms. For instance, an analysis done by Zweig group in 2015 revealed that majority (68%) of the firms are considering mergers or acquisitions in the upcoming five years, thereby increasing the activities in this market.
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Balfour Beatty was the largest company in the global engineering services market, with revenues of USD10.2 billion for the financial year 2016. It operates through Construction Services Authentic Antoine Griezmann Jersey , Support Services, and Infrastructure Investments divisions.
Engineering service companies handle planning, designing and supervision of construction related to a wide range of industries.
Engineering Services Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at USD4000 for an individual user. To use across your office, the price is USD6000 and USD8000 if you wish to use across a multinational company.
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