Control is a pervasive technology, with a global market estimated at $75 billion in 2004. Of this, Control & Processing Equipment is estimated at around $56 billion and Control Systems at around $19 billion.
The ParOS controller is able to deliver the benefits of Model Predictive Control (MPC) without its traditional drawbacks including the high cost of hardware and software, the bulk of the hardware and restrictions on sampling rate.
Industry strives for competitive advantage in cost and production efficiency. MPC offers superior environmental performance and productivity enhancement capabilities. Demand for such systems can be expected to continue to grow faster than conventional simple control devices.
ParOS is uniquely placed to meet the demands of increasing complexity in information processing and demand for system integration services, which is forecast to rise substantially in the next 5 years.
