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Supply Chain Analytics Market Projected to Surpass USD 16.82 Billion by 2030, at a CAGR of 17.21% – Report by Market Research Future (MRFR)

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New York, May 16, 2022 (GLOBE NEWSWIRE) — Supply Chain Analytics Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Supply Chain Analytics Market” information by Solution, by Components, by Deployment, by Vertical and Region – Forecast to 2030” market size to reach USD 16.82 billion, growing at a compound annual growth rate of 17.21% by 2030.

Supply Chain Analytics Market Scope:
Supply chain analytics refers to examining information companies draw various applications tied to their supply chains, such as transportation management (including shipping), warehouse management and fulfillment, supply chain execution systems for procurement, order management, and inventory management. It includes extracting crucial data from huge amounts of original information, including shipping, sensing, and transactional data, by utilizing modeling methods and analytical tools to analyze large amounts of data.

Dominant Key Players on Supply Chain Analytics Market Covered are:

  • JDA Software Group, Inc.
  • IBM Corporation
  • Manhattan Associates Inc.
  • MicroStrategy, Inc.
  • SAS Institute Inc.
  • Oracle Corporation
  • Genpact
  • Tableau Software, Inc.
  • Accenture PLC
  • SAP SE

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The global supply chain analytics market has registered enormous growth in the last few years. The market’s growth is mainly credited to the growing level of customer knowledge and awareness of the help provided by supply chain analytics. Furthermore, the factors such as fast growth in data production among enterprises, rising consumer understanding, and good supply chain network across the global market are also projected to catalyze the market’s growth over the coming years.

Market USP Exclusively Encompassed:
Market Drivers
The global supply chain analytics market has registered enormous growth in the last few years. The market’s growth is mainly credited to the growing necessity to improve company operations. Business processes are crucial in improving a company’s competitive position across the global market. By focusing on mixing supply chain operations across the same country, a domestic supply chain assists organizations in coordinating their business activities more efficiently. Using different risk-averting algorithms and predictive processes, supply chain analytics may assist businesses in boosting their effectiveness. It helps businesses achieve several growth possibilities while also lowering mistakes and failing rates in their goods and services.

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Browse In-depth Market Research Report (100 Pages) on Supply Chain Analytics Market: 
https://www.marketresearchfuture.com/reports/supply-chain-analytics-market-5512  

Given the evidently increasing complexity of the supply chain network, and the increasing demand for genuine analysis of data in the ecosystem, businesses are gradually turning to cloud-based supply chain management solutions. It is mainly with the use of cloud-based analytics solutions that the complete supply chain operations can be analyzed and tracked across both reverse and forward supply chain ecosystems, respectively.

Market Restraints

Apart from all the factors that are likely to catalyze the market’s growth, there are certain aspects projected to restrict the market’s growth. The major aspect likely to restrain the market’s growth is the issue of data expectations of private cloud deployment. Furthermore, the monetary limitation among businesses is another major parameter likely to hamper the market’s performance over the coming years. The associated digital environment and the data gathered as an outcome of this connectivity are likely to cause a rise in the amount of data. This huge amount of data is highly vulnerable to cyber breaches. The growing number and sophistication of cybercrimes across the globe are anticipated to impede the market’s growth. Additionally, the scarcity of qualified personnel in the supply chain sector is one of the major challenges market players face worldwide.

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https://www.marketresearchfuture.com/ask_for_schedule_call/5512 

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Segmentation of Market Covered in the Research:
The global market for supply chain analytics has been fragmented into various segments based on vertical deployment, components, and regions.

Based on application, the global market for supply chain analytics is split into services &solutions, reporting tools visualization, sales & operations planning, supplier management, and procurement, transportation and logistics, and manufacturing analytics.

The global supply chain analytics market is divided into aerospace & military, manufacturing, automotive & transportation, healthcare, retail, and others based on end-users.

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https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=5512

Regional Analysis
The global supply chain analytics market is analyzed across five major regions: North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

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As per the MRFR analysis reports, the North American region is projected to lead the global market for supply chain analytics over the assessment timeframe. The regional market’s growth is attributed primarily to the presence of major companies such as SAS Institute, Oracle Corporation, and IBM Corporation. The countries such as Canada and the United States are considered some of the primary adopters of supply chain analytics and other technological advances across the globe.   

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IoT for Public Safety Market Research Report – by Component, by Application, by Vertical, and Region – Forecast to 2027

About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Xinhua Silk Road: E China’s Changzhou City unveils investment opportunities in sectors of new productive forces for global investors

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BEIJING, Sept. 29, 2024 /PRNewswire/ — Changzhou City, an leading international smart manufacturing base located in east China’s Jiangsu Province, has released a bunch of investment investment opportunities to global investors in various sectors of new productive forces at the the 2024 New Energy Industry Development Conference & Invest in Changzhou Conference held in the city on September 19.

The investment opportunities covers nine areas including synthetic biology, low-altitude economy, intelligent connected new energy vehicles, solid-state batteries, hydrogen energy, third-generation semiconductors, and artificial intelligence, manifesting the confidence of Changzhou in further opening development. 
Changzhou, seated in the axis of the Yangtze River Delta, has become an important base for advanced manufacturing in China.
In recent years, thanks to intensified efforts in developing new energy industry and fostering new quality productive forces, Changzhou has expanded the added value of its industrial sector to more than two trillion yuan, with manufacturing added value accounting for about 43 percent, both ranking among the top three in Jiangsu Province.
In the Hurun China New Energy Cities 2024, a list released by the Hurun Research Institute at the conference, Changzhou ranked first among other cities in the country for three consecutive years in terms of investment attractiveness and concentration.
Changzhou has accumulated a total of 10.59 billion US dollars (nearly 74.25 billion yuan) in terms of actually utilized foreign capital since 2020. Major projects such as soft magnetism of ArcelorMittal and medical device of BIOS, a Hong Kong-based company, have been launched during the conference. 
In addition, Changzhou has released a multilingual guide for foreign nationals in Changzhou at the conference, which includes practical service items in stay and residence, work, convenient payment options, among others, turning the city into a more open and international place.
Original link: https://en.imsilkroad.com/p/342380.html
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CGTN: China honors individuals with highest awards in celebration of 75th National Day

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BEIJING, Sept. 29, 2024 /PRNewswire/ — Huang Zongde enlisted in the Chinese People’s Liberation Army at the age of 17, beginning a nearly four-decade-long military career where his bravery, valor and devotion earned him countless awards and honors.

The heavily decorated 93-year-old received the highest state honor on Sunday when Chinese President Xi Jinping conferred him with the Medal of the Republic at a ceremony in the Great Hall of the People in Beijing.
China awarded national medals and national honorary titles to 15 individuals, including Huang, in recognition of their contribution and achievement as it celebrates the 75th anniversary of the founding of the People’s Republic of China, which falls on October 1.
Chinese heroes and role models
In addition to Huang, three others were awarded the Medal of the Republic. Wang Yongzhi, a missile and rocket expert and a pioneer of China’s manned space program, was honored posthumously. Wang Zhenyi, a medical scientist known for breakthroughs in leukemia treatment, and Li Zhensheng, an expert in wheat breeding, are also among the honorees.
The national honorary titles went to 10 people, including scientists, a border patrolman, an artist, a craftsman, educators, a health worker, an economist and an athlete.
Addressing Sunday’s awarding ceremony, President Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, called on the Chinese people to learn from heroes and role models to form a mighty force to build a strong China.
China is in a crucial period for building a great modern socialist country in all respects and achieving national rejuvenation through Chinese modernization, he said.
Encouraging the Chinese people to strive for extraordinary achievements at ordinary job posts, Xi urged them to contribute to resolving challenges to development and reform and safeguarding social harmony and stability.
China’s old friends and good friends
As its highest state honor for foreigners, China awarded the Friendship Medal to Dilma Rousseff, president of the New Development Bank and former Brazilian president, for her commitment to the friendship between China and Brazil, and development of relationship between China and the Community of Latin American and Caribbean States, and cooperation among BRICS countries, a group of major emerging economies.
Accepting the honor at the ceremony, Rousseff said the medal symbolizes the strong bonds between Brazil and China and pledged to continue her unremitting efforts to promote the friendship.
China’s achievements over the decades, including economic transformation, technological innovation and remarkable social development, have made it a beacon and a source of inspiration for the world, she said.
Xi lauded Rousseff as an outstanding representative of China’s old friends and good friends who have shared the same aspirations and stood together with the Chinese people over the past 75 years and vowed that China will never forget such international friends.
The Chinese people are ready to join hands with people from all over the world to safeguard world peace, promote common development and advance the building of a community with a shared future for mankind to create a better future for humanity, he said.
https://news.cgtn.com/news/2024-09-29/China-honors-individuals-with-highest-awards-ahead-of-National-Day-1xhS1SaZeZa/p.html
 

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Kazakhstan Government Delegation Visited SUPCON

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HANGZHOU, China, Sept. 29, 2024 /PRNewswire/ — On September 26, a delegation from the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan, led by Minister Madiyev Zhaslan, visited SUPCON. SUPCON’s Chairman and President, Mr.Cui Shan, warmly welcomed the delegation.

The Kazakhstan government representatives expressed their appreciation and recognition of SUPCON’s expertise and innovation in intelligent manufacturing, digital transformation, and industrial AI.
Madiyev Zhaslan expressed a strong interest in industrial AI technologies of SUPCON, particularly their applications in intelligent and low-carbon facilities. He looks forward to exploring extensive collaboration with SUPCON across various sectors in Kazakhstan.
Cui Shan emphasized that as a leading industrial AI company with a global presence, SUPCON will leverage its technological advantages to meet Kazakhstan’s industry development requirements and trends, injecting new momentum into the country’s industrial digitalization.
In 2023, SUPCON established a subsidiary in Kazakhstan as its Central Asia regional headquarters and set up a localized operational system. SUPCON will continue to invest in the long-term development of the Central Asia region, contributing further wisdom and strength to the industrial digital transformation in Kazakhstan and beyond.
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