Adapting to the Future of Nondestructive Testing

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• USA - English

-- Industry 4.0 Disrupting Established Products, Technologies and Business Models for NDT

MOUNTAIN VIEW, California, July 17, 2015 /PRNewswire/ -- 

In the last decade, the nondestructive testing (NDT) industry has experienced incremental change in not only the technologies that have been adopted, but also in new products that have been introduced by equipment vendors. While many industry experts believe that disruptive innovation is not possible in the NDT industry, Frost & Sullivan looks to exhibit that with evolving technologies such as robotics, cloud computing, big data analytics and industrial IoT, disruptive innovation will occur sooner than later in the NDT industry.

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Reasons to Attend:

• To understand the Industry 4.0 concept and key ideas
• To gain insight on how Industry 4.0 is impacting the NDT industry and its key transformational implications
• To identify opportunities for growth within the evolving NDT ecosystem for products, technologies and business models

Analyst Quote

"With the advent of Industry 4.0 or the smart factory concept, there has been significant investment and evolution of technologies such as cloud computing, industrial IoT, robotics and big data analytics," said Frost & Sullivan Principal Lead Nikhil Jain. "Our analysis shows that the proliferation of these technologies across industrial verticals and especially in the manufacturing environment is resulting in the need for more innovative testing solutions. In addition, with the evolution of these testing solutions the traditional business model for NDT inspections services is expected to come under threat over the next 6 to 8 years."

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Supporting Resources

For more information about Frost & Sullivan's Measurement & Instrumentation practice, please visit: http://ww2.frost.com/research/industry/measurement-instrumentation/

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. 

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.  
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible.  This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.  

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?  

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Contact:
Jaylon Brinkley
Frost & Sullivan
+1.210.247.2481
[email protected]

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