Frost & Sullivan Recognizes Critical Manufacturing as a Leading Vendor with the Highest Growth Potential on the Frost Radar™ for MES

June 17, 2024, PORTO, Portugal - Critical Manufacturing, a leading provider of Manufacturing Execution Systems (MES), has received high honors in Frost & Sullivan's MES Radar™ report. Critical Manufacturing's 50% year-over-year growth rate earned them top ranking for growth potential, and they were also among the top three for innovation and industry disruption.

The report describes: "Critical Manufacturing is one of the most well-balanced companies in the MES sector, with a state-of-the-art technology stack, a wide range of targeted industry verticals, and a strong SI network that supports its presence in three main global regions. The company has also earned a sterling reputation for supporting its customers' path toward Industry 4.0."

Frost & Sullivan derives the Radar™ rankings from an analysis of 14 leading MES providers, which are part of the Global MES Growth Opportunities study. The report profiles vendor strengths and related market needs.   

"Critical Manufacturing's MES offers a modular, unified data model for managing IoT and transactional data, allowing off-the-shelf configuration, flexibility, and consistency by integrating all relevant information seamlessly," said Agustín Fabris, Research Analyst, Industrial Automation, Frost & Sullivan.

Critical Manufacturing's current MES (V10) sets new industry standards in providing real-time operational views, clear guidance for operators and simplified product management for comprehensive data and deep insights. It simplifies deployment across multiple sites and is future ready, utilizing container orchestration and DevOps practices for efficient and agile operations.

Frost & Sullivan researchers also recognized Critical Manufacturing for its rigorous partner and system integrator certification program that ensures that customers receive the consistently high-quality implementation service regardless of which partner they work with. As stated in the report "Frost & Sullivan sees Critical Manufacturing as a strong contender for market dominance in the future".

"We are honored to have received such positive recognition from the Frost & Sullivan team. Their report also projects a significant increase in MES demand over the decade and we are excited to be meeting that through continued innovation on behalf of our customers," said Critical Manufacturing president Francisco Almada Lobo.

For more detail on the Frost & Sullivan's analysis of the Critical Manufacturing MES and overall market, download a complimentary copy of the report here.

About Frost & Sullivan

Frost & Sullivan provides business consulting and industry analysis, offering market research and analysis, growth strategy consulting, and corporate training. It has about 45 offices in the Americas, Africa, Asia and Europe; the principal office is in Santa Clara, California.

About Critical Manufacturing

Critical Manufacturing, a subsidiary of ASM Pacific Technology, provides the most modern, flexible and configurable manufacturing execution system (MES) available. Critical Manufacturing MES helps manufacturers stay ahead of stringent product traceability and compliance requirements; reduce risk with inherent closed-loop quality; integrate seamlessly with enterprise systems and factory automation, and provide deep intelligence and visibility of global production operations.

As a result, our customers are Industry 4.0 ready. They can compete effectively and profitably by easily adapting their operations to changes in demand, opportunity, or requirements, anywhere, at any time. For more information, visit www.criticalmanufacturing.com

About ASMPT

ASMPT (HKEX stock code: 0522) is a leading global supplier of hardware and software solutions for the manufacture of semiconductors and electronics. Headquartered in Singapore, ASMPT's offerings encompass the semiconductor assembly & packaging, and SMT (surface mount technology) industries, ranging from wafer deposition, to the various solutions that organise, assemble and package delicate electronic components into a vast range of end-user devices, which include electronics, mobile communications, computing, automotive, industrial and LED (displays). ASMPT partners with customers very closely, with continuous investment in R&D helping to provide cost-effective, industry-shaping solutions that achieve higher productivity, greater reliability and enhanced quality.

ASMPT is one of the constituent stocks of the Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes and the Hang Seng HK 35 Index. To learn more about ASMPT, please visit us at www.asmpt.com

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Shreyasi Bhaumik
BCM Public Relations Ltd.
+44 203 409 5090
s.bhaumik@bcmpublicrelations.com