Last updateTue, 20 Aug 2019 8pm

Trends & Forecasts

Leadership, Security and the ‘IIoT’ Dominate 2016 Emerson Exchange

If ever there was any doubt that the future of industrial processes rests in the cloud, the recently concluded 2016 Emerson Global Users Exchange (Oct. 24-18 in Austin, TX) put that to rest. In the hundreds of workshops, educational seminars and roundtables, the Industrial Internet of Things (IIoT) was pervasive and the message was that, by tapping into the IIoT intelligently, industrial companies can achieve top performance and recover more than $1 trillion in operational losses globally.

New Valve Business Realities Highlighted At Annual Meeting

In 2016, there is no “business as usual”, and speakers at VMA’s Annual Meeting offered sound advice to navigate the new reality of 21st century commerce.

The digital landscape is having a huge impact on business, with mobile apps and social media creating a labyrinth for manufacturers and distributors. In the midst of this digital revolution comes the shale revolution, a high U.S. dollar and falling oil prices. While these changes may offer challenges, they are also creating opportunities for those who are willing to embrace them and create a new model for successful business.

Global Economic Outlook 2017

While there are obvious differences from country to country, one could reasonably generalize by saying that what we have today is a combination of low growth, low inflation, increasingly ineffective economic policies, and increasingly destructive politics. Global growth has been stuck below its long-term average for five years; 2017 may be the sixth (Figure 1).

What’s in Store for the Construction Market?

As was the case with many of the presenters at VMA’s Market Outlook Workshop held in August 2016, Randy Giggard of FMI Consulting noted that availability of labor at all levels is a major concern in the construction business.

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