Latest Developments in Global Industrial Services Market

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Latest Developments in Global Industrial Services Market

  • Semiconductors and Electronics
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • In June 2024, Honeywell introduced its Battery Manufacturing Excellence Platform (Battery MXP), an AI-powered solution designed to optimize gigafactory operations from the outset. This platform aims to increase battery cell yields, accelerate facility startup times, and reduce material waste by up to 60% during the initial stages. By utilizing AI and machine learning, Battery MXP proactively identifies and resolves quality issues, enabling manufacturers to improve efficiency, shorten production ramp-up times, and meet the growing demand for lithium-based batteries. It also ensures real-time traceability of battery cells from raw materials to finished products, bolstering quality control and safety measures in gigafactories worldwide. This innovation supports Honeywell's commitment to advancing industrial automation and addressing global electrification needs
  • In August 2023, Schneider Electric launched a Managed Security Services (MSS) offering aimed at helping customers in operational technology (OT) environments mitigate the increased cybersecurity risks arising from the growing demand for remote access and connectivity technologies
  • In February 2023, ABB unveiled its ABB Ability Symphony Plus distributed control system (DCS), designed to drive digital transformation in the electricity generation and water industries. This system facilitates seamless access to a broader digital ecosystem and supports secure OPC UA connections to Edge and Cloud platforms while maintaining core control functionalities. The update includes HTML5 web-based mobile operations, providing real-time access to critical data and fostering collaboration to maximize plant uptime. These advancements are intended to enhance productivity, sustainability, and operational efficiency across industrial sectors
  • In February 2023, Schneider Electric also launched its new Industrial Digital Transformation Services, a global offering designed to help industrial enterprises achieve sustainable, innovative, and effective end-to-end digital transformation, preparing them for the future of industrial operations
  • In August 2022, Yokogawa Electric Corporation announced the release of its OpreX IT/OT Security Operations Center (IT/OT SOC) service. Developed primarily for industrial enterprises, this service enhances IT and OT network security by detecting, analyzing, and enabling quick responses to cybersecurity incidents, offering remote monitoring and support for global operations

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