The global Statistical Process Control (SPC) Software market is expected to grow at a considerable CAGR of 10.6% during the forecast period. The increasing integration of artificial intelligence (AI) and machine learning (ML) within statistical process control (SPC) software for quality control in various industries is a promoter of the global SPC software market. These advanced technologies create solutions that works much better than the traditional SPC by providing increased sophistication, automation, and predictive capabilities. There are many benefits of using AI, and ML integrated with SPC software. With timely analysis of a vast data range it identifies any anomaly way early and also proactively maintains that anomaly which ultimately reduces the cost for the company. For instance, Honeywell Manufacturing Excellence (HME) simplifies the search of outcomes for life sciences manufacturers of opposite scales and complexities. It is designed for high scalability and adaptability, HME serves as a modular platform compatible with SAP and other enterprise resource planning systems. Its seamless integration with Honeywell’s Sparta TrackWise quality management system, Experion distributed control systems, and third-party solutions across all levels of the manufacturing hierarchy fosters unprecedented interoperability, transparency, and real-time insights, empowering life sciences manufacturers to optimize their operations and achieve excellence.
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Further, in September 2023, Rockwell automation announced its first artificial intelligence predictive maintenance software, asset risk predictor named Fiix. The artificial intelligence (AI) product, Asset Risk Predictor, from Fiixuses AI sensor data, machine recipe, and operational environments to predict asset health so users can spot and eliminate failure before it happens. The tool also helps to learn the signs of equipment failure in as little as seven days, predicting breakdowns days in advance and built so anyone can act on the insights in seconds.
One of the products by Siemens named ‘Mindsphere’ has built-in SPC capabilities. MindSphere helps companies understand data by quickly and securely connecting products, plants, systems, and machines to the digital world. By unlocking the wealth of data from every machine and system in a business, MindSphere can transform this data into productive business results using powerful industrial applications with advanced analytics. Availability of such products is further contributing to the global market growth.
Global Statistical Process Control Software Market Report Segment
By Deployment Type
- On-premises
- Cloud-based
By Organization Size
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
By End-Use Industry
- Manufacturing
- Healthcare
- Food and Beverage
- Others (Electronics and Semiconductors, Chemicals and Pharmaceuticals)
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Company Profiles
- BlackBelt (IntraStage Inc.)
- Compliance Systems International Inc.
- COSS ERP
- Datacap Systems LLC
- Deskera ERP
- E2 Manufacturing System Inc.
- Epicor Software Corp.
- Genius ERP
- InfinityQS International Inc.
- Infor VISUAL ERP
- Intellect eQMS
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