Industrial Services Market: A New Business Frontier for Profitability Frost & Sullivan's conference will identify the key trends and potential growth opportunities within the industrial services market across product categories

LONDON, June 11, 2014 /PRNewswire/ -- The industrial services market is expected to shape new business models of major industrial vendors. The evolution of the manufacturing processes is emphasizing the need to improve plant profitability while reducing downtime.   

New areas of growth and key factors driving and restraining the industrial service market will be discussed during Frost & Sullivan's upcoming web conference on Wednesday, 18th June 2014, at 15:00 BST. Frost & Sullivan Industrial Automation and Process Control Research Analyst Niranjan Paul will lead the teleconference during which he will present the results of an extensive analysis on the Industrial Services Market.  

"The industrial services space provides high potential for industrial vendors to diversify and expand their value proposition to clients. Industrial vendors need to assess and understand the key growth areas for services to align their solutions with end-user requirements. This briefing will discuss opportunities, growth, and the future potential dynamics driven by current market needs assessments," notes Mr. Paul.

During the upcoming teleconference Frost & Sullivan's experts will address several important questions such as:

  • What are the key service opportunities, trends and restraints in the industrial services market?
  • Which service categories, end-user industries and regions should supply chain participants focus on to maximize their aftermarket profitability?
  • How do customers perceive the need for industrial services in the future?
  • How do the selection criteria vary across the various European countries?

The focus on service as a new business model has gained considerable traction in the developed world. The trends of plant outsourcing and value-added services have disrupted traditional business strategies of industrial vendors, resulting in major transformations across the value-chain. In the current context, the business model of services is at a crossroads. With the advent of Industry 4.0, the service proposition is expected to grow in complexity, with an increasing need for discerning end-user requirements.

If you would like to participate in this complimentary web conference, please send an email to Julia Nikishkina, Corporate Communications at Julia.Nikishkina@frost.com, with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Media Contact:
Julia Nikishkina
Corporate Communications – Europe
P: +7 (499) 213 0156
E: julia.nikishkina@frost.com

http://www.frost.com

SOURCE Frost & Sullivan



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