“As awareness increases, industries in the CIS are deploying ACS to bolster production volumes, optimise manufacturing processes, decrease operational costs, and boost returns,” said Frost & Sullivan Industrial Automation and Process Control Research Analyst Maryna Osipova. “Advanced solutions that offer asset management capabilities and enable the processing, displaying and archiving of information are particularly making a mark among end users.”
One of the key challenges in the CIS ACS market is the lack of a well-qualified workforce. Innovative ACS systems require professional engineering resources for installation, operation and repair services, and the shortage of skilled assets affects project performance and customer service support for ACS products.
Another restraint is the economic downturn that has compelled customers to tighten budgets, resulting in the temporary shelving of present projects and the delay of future ones. High inflation rates further curb the purchasing power of customers and limit investments in automation.
Expanding into the region will help ACS producers overcome cost concerns from end users to an extent through geographical proximity and product customization activities.
“Building sound relationships with original equipment manufacturers will allow ACS service providers to deliver flexible solutions and carve a niche for their products in the competitive CIS market,” elaborated Osipova. “In addition, ACS suppliers must customise solutions to not only meet emerging customer needs but also add value to their offering and widen their reach in the region.”
If you are interested in more information on this study, please send an e-mail to Julia Nikishkina, Corporate Communications, at julia.nikishkina@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.
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