James Prestwood

James Prestwood

Research Analyst

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James Prestwood In The News

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Smart Industry (2023-03-16)
According to ABI Research, the machine-tool market will grow by a compound annual-growth rate of 4.3% from 2022 to 2032 and reach US $245.2 billion in manufacturing value-added. “This is driven by new product design facilitating the need for new machine tools, old equipment reaching the end of its lifecycle and requiring replacement, and new machine-tool solutions being provided and incentivizing upgrades,” explained James Prestwood, industrial and manufacturing-research analyst at ABI Research.
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Control Engineering Europe (2022-09-27)
“While some manufacturers remain hesitant to move to cloud-based MES software due to security concerns, the ease of deployment and maintenance, alongside cheaper and transparent costing, will continue to encourage manufacturers to adopt this new structure and usage,” said James Prestwood, industrial and manufacturing analyst at ABI Research.
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