Capgemini unveils its new brand: Capgemini Engineering
Consolidating the market leading research and development (R&D) capabilities of Altran and Capgemini’s digital manufacturing expertise, latest reports from Capgemini unveils the launch of its new brand to be known as Capgemini Engineering.
“Today’s leading organisations understand that Engineering and R&D is fast-moving and ever evolving. As a result an end-to-end partnership with clients is needed for developing, launching, managing and modernising breakthrough products. The launch of Capgemini Engineering builds on the integration of Altran’s capabilities into the Group, a year on from its acquisition. It perfectly complements the Group’s already well-established portfolio of business offerings and supports our leadership position in intelligent industry,” commented Aiman Ezzat, CEO of the Capgemini Group.
What does this mean for the industry?
Harnessing its deep industry expertise and cutting-edge technologies, Capgemini Engineering will support the organisation's digital and physical world coverage.
With 52,000 engineers and scientists, as well as a presence in all major engineering hubs around the world, the brand will build on Capgemini’s integration of Altran following its acquisition.
Capgemini Engineering will help innovators engineer ‘the products and services of tomorrow’, and manage disruption by embedding digital and software technologies. Its global services cover: product and systems engineering; digital and software engineering; and industrial operations.
“R&D is the new battlefield. It must be connected and data-driven to optimize innovation and accelerate development. Capgemini Engineering’s services have been devised to address exactly that need, to harness the power of data to foster innovation, create new customer experiences and deliver new sources of value,” added William Rozé, CEO of Capgemini Engineering and member of the Group Executive Committee.
Four Factory of the Future Market Trends to Keep an Eye on
Global Smart Manufacturing Market
Attributed to the rapid growth in the adoption of automated systems in industrial processes, the is predicted to grow from US$$175bn (2020) to US$303bn by 2026 with a compound annual growth rate (CAGR) of 6.4% between 2019 and 2026.
While COVID-19 has somewhat slowed down the market’s growth, it is expected that by the second to third quarter of 2023 there will be a ‘considerable’ rise in growth for the market.
Key players in the industry: Schneider Electric, General Electric, Siemens, Honeywell International Inc., Rockwell Automation Inc., FANUC Corporation, and Emerson Electric Co.
Industrial Automation Market
Making people’s lives easier, and their work more accurate and effective, the global demand for automated technologies such as robotics - especially in science and technology - is driving its increase in global market value.
Key players in the industry: ABB, Siemens, General Electric, Schneider, Endress+Hauser, Yokogawa, Honeywell, WIKA, Azbil, Fuji Electric, 3D Systems, and HP.
Smart Factory Market
Expected to grow from US$80.1bn (2021) to US$134.9bn by 2026, the - with a CAGR of 11% between 2021 and 2026 - is experiencing growth driven by fiscal policies adopted to keep manufacturing facilities afloat during COVID-19.
Other driving factors include resource optimisation, cost reduction in production operations, increased demand for industrial robotics, rising demand for technologies, and the growing significance of energy efficiency.
Key players in the industry: Emerson Electric Co., General Electric, Rockwell Automation, Inc., Schneider Electric SE, ABB Ltd., Siemens AG, Mitsubishi Electric Corp., Honeywell International Inc., Endress+Hauser AG, and Yokogawa Electric Corp.
Artificial Intelligence (AI) in Manufacturing Market
“It is undeniable that the manufacturing industry is at the forefront of artificial intelligence implementation,” says . “Manufacturers are using AI-powered analytics to increase performance, product quality, and employee protection, from substantial reductions in unplanned downtime to better crafted goods.”