Market Share of Electronic Shift Operations Management Solutions Industry
The electronic shift operations management solutions market is characterized by fragmentation due to the presence of numerous companies. Key players in this market, including ABB, Hitachi Energy Ltd, Hexagon AB, Conmitto, Inc., and Broadcom, among others, are continually introducing innovative products and forging partnerships and collaborations to gain a competitive edge.
In July 2023, Fujitsu established a partnership with Microsoft as a Cloud for Manufacturing partner and introduced its Digital Factory solution on Microsoft's commercial marketplace. Fujitsu's platform is designed to optimize enterprise operations and enhance availability, performance, and quality for customers in the manufacturing sector. This solution aligns all processes with end-to-end business value chains, addressing challenges such as a shortage of skilled craftsmen and enabling labor at manufacturing sites. Manufacturers are leveraging Fujitsu's manufacturing management solutions as a foundation to enhance manufacturing processes and boost productivity.
In March 2023, ENEOS Materials Corporation and Yokogawa Electric Corporation collaborated to implement a reinforcement learning-based AI algorithm known as Factorial Kernel Dynamic Policy Programming (FKDPP) for use at an ENEOS Materials chemical plant. This autonomous control system ensures a high level of performance while managing a distillation column at the plant, marking the first formal adoption of reinforcement learning AI for direct plant control. These two companies are strategically working together to explore innovative approaches for carrying out digital transformation through AI for plant management and condition-based plant maintenance.
Electronic Shift Operations Management Solutions Market Leaders
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ABB
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Hitachi Energy Ltd
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Hexagon AB
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Conmitto, Inc.
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Broadcom
*Disclaimer: Major Players sorted in no particular order