Control system integrators confident about industry outlook in 2013
Two-thirds of respondents in global survey expect revenue growth
MADISON, Wis. - The majority of independent system integration companies questioned in a global survey believe the outlook for the automation industry will improve in 2013.
The first-ever survey of system integrators conducted jointly by J.P. Morgan and the Control System Integrators Association (CSIA) reached out to nearly 1,800 professionals worldwide in the automation and control industry. The results suggest that more manufacturers will look to experts like CSIA members for help in managing risk and automating their industrial equipment and systems. Among the industries driving the activity are automotive, oil and gas, food and beverage, chemicals and energy, according to the report.
Additional key findings include:
*69% of system integrators expect revenue growth this year. One-quarter of those look for gains of 15% or more
*85% believe demand for integration services will increase or remain steady in 2013
*More than 70% say projects that had been delayed or cancelled will resume if there is no negative change in economic trends.
"A number of projects were put on hold during the global slowdown in industrial production," says Bob Lowe, executive director of CSIA. "As a result, our integrator members are seeing pent-up demand that will release as projects come back on line.
"What this shows is that plant managers and others who hire CSIA member companies continue to look upon automation as a way to deliver new levels of productivity and competitiveness. These business leaders increasingly see control system integrators as an essential component in capital projects that require proven technical engineering solutions."
Control system integrators offer many technology solutions helping businesses reduce cost, increase production, use less energy and minimize their environmental impact. For more, visit www.controlsys.org.
About CSIA
Founded in 1994, the Control System Integrators Association (CSIA) is a not-for-profit, global professional association for control system integration companies. Control system integrators use their engineering, technical and business skills to help manufacturers and others automate their industrial equipment and systems. CSIA members provide a range of services in dozens of industries.
Headquartered in Madison, Wis., CSIA's mission is to advance control system integration for the success of members and their clients. CSIA helps members improve their business skills, provides a forum to share industry expertise and promotes the benefits of hiring a certified control system integrator. CSIA has more than 400 members in 27 countries.
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