The process control industries are being challenged at many levels. Manufacturers have to deal with market consolidation and product commoditization and simultaneously cope with increasing pressure to go global. This has intensified competition and forced organizations to invest heavily in R&D.
However, there are several complications in providing advanced technologies to end users. Before rolling out new products, manufacturers have to consider factors such as competing industry standards, reluctance of end users to adopt innovative technologies, and manufacturers' limited understanding of niche application needs. To counterbalance these disadvantages, market participants have become more dynamic by devising vertical integration strategies and offering more solution-oriented products rather than being mere component suppliers.
The North American Process Control Market Subscription enables companies to make informed decisions in order to capitalize on existing opportunities in the market. Frost & Sullivan information maintains a realistic perspective of the market through revisions and constant contact with industry participants to afford clients with the latest trends, insights, and market measurements.
Frost & Sullivan Growth Partnership Service
Based on extensive and in-depth research, real-world consulting work, and new theories tested in hundreds of companies across many industries, Frost & Sullivan has evolved its Growth Partnership Services (GPS) program that provides established and emerging firms with powerful growth visions. Moving beyond token mission statements, GPS provides an actionable vision to growth consulting partners by illustrating how key intelligence and strategic research based on defined goals can guide day-to-day behavior and overall company direction. The foundation of Frost & Sullivan's GPS includes:
- Assisting companies to reach their full potential in the core business
- Providing growth strategies to help companies expand into related businesses
- Preemptively redefining the core business during market turbulence
- Applying the Frost & Sullivan framework to identify and address common mistakes resulting from misaligned corporate strategies
- Recommending growth management strategies through continuous partnership
To maximize the potential for growth within a firm's internal and external environment, Frost & Sullivan consultants can facilitate the creation of strategic programs that deliver improved market success. Frost & Sullivan's strengths lie in combining strategic understanding with market expertise and applying these with absolute commitment to its clients' growth.
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