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Batch Management Software Market 2020 - key vendors, growth probability, and future scenario | ABB Ltd., Aspen Technology Inc., Emerson Electric Co, General Electric Co., Honeywell International Inc., Invensys plc, Rockwell Automation Inc
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Asia-Pacific is expected to witness a significant growth in the batch management software market, owing to the growth in demand from pharmaceuticals, cement & glass, food & beverages, and chemical industries and surge in adoption of batch management software among enterprises for efficient production.
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Rise in demand for enhanced production among enterprises and increase in importance to improve quality products are the major factor that drive growth of the market. In addition, surge in need by organizations to improve customer satisfaction fuels growth of the market. However, lack of technical expertise to manage these complex software hampers the market growth. Furthermore, highly advanced applications and extended R&D facility centers across the globe are expected to provide lucrative opportunities for the global batch management software market.
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Major players include: ABB Ltd., Aspen Technology Inc., Emerson Electric Co, General Electric Co., Honeywell International Inc., Invensys plc, Rockwell Automation Inc., Siemens AG, Systems AG., SAP AG, Werum Software, and Yokogawa Electric Corp.
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