DUBLIN, March 29, 2017 /PRNewswire/ --

The new research portal is an invaluable resource for anyone seeking company research on Siemens AG and their activities within the electrification, automation and digitalization markets, providing comprehensive research on their market position, competitor activity and their future outlook within these markets.

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One such research report available on the portal, World Factory Automation & Industrial Controls Market, which forecasts the overall market to reach $125 billion by 2018. It is estimated that almost 35% to 50% of production cost is due to energy consumption and wastage in an industrial unit. Factory automation plays a significant role in reducing energy consumption and increasing operational efficiency, which are the key drivers for the market.

However, one of the challenges for companies in the market is the lack of trained professionals who can assist the implementation of automation processes. Companies are offering training programs and certifications to interested individuals to overcome this challenge.

"The portal provides visitors with unparalleled access to company research on Siemens AG, enabling them to track the company's performance and impact on the various markets in which it is currently engaged," says Ross Glover, CEO of Research and Markets.

For more information visit http://www.researchandmarkets.com/companies/siemens?cid=d6c2hw

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SOURCE Research and Markets