Global industry research firm, Frost & Sullivan named Siemens the winner of the 2013 Company of the Year Award for the smart machine safety networks market.
The Company of the Year Award is a part of Frost & Sullivan’s independent analysis and primary research across the Top 50 Game Changers in manufacturing hardware (20 companies) and software (30 companies) markets.
Based on Frost & Sullivan’s Vision of the Future of Manufacturing and Production 2.0 (Visi-MAP 2.0) research, this initiative recognizes the vital convergence of critical forces that allow manufacturers to innovate, design, and drive next generation manufacturing best practices.
Due to end-user demand for greater flexibility and global safety standard compliance, the machine safety market is transforming from a component-based offering into an integrated total solution offering. Another important reason for this shift is single-system platforms for safety and automation control is easier and more cost-effective to design, implement and maintain.
“Many best-in-class global manufacturers are planning on integrating their machine safety and automation control systems to simultaneously improve worker safety and manufacturing productivity,” said Muthuraman Ramasamy, a Frost & Sullivan industry analyst. “This move will also reduce manufacturing operations costs through easier troubleshooting and integration with non-safety control systems, better diagnostics and improved modularity.”
Siemens won the award for its totally integrated automation (TIA) architecture, which provides a single automation platform that integrates plant floor-level automation processes with manufacturing execution systems. The goal behind the platform is to enable enterprise-wide process data visibility, security, and control using access protection, role-based availability, and private virtual networks.
Siemens’s TIA portal allows customers to create, implement, and maintain their own scalable and flexible machine safety solution, resulting in shorter lead times and savings for software engineering and control system test and operation.
Siemens Safety Integrated, the company’s fail-safe machine safety product line, includes safety-related modular and PC-based controllers, I/O systems, safety relays, safe drives, machine components, wireless and HMI solutions, and other factory automation products related to safety. Its key value is the reduction of costs associated with the design, build, and installation of machine safety control systems; it offers a cost reduction of approximately 30 percent in comparison to industry rivals.
According to Frost & Sullivan’s research, in 2011, Siemens held the largest share of the global machine safety market at 16.4 percent.
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
Click here for more information on the award.