The following news release popped up in my mailbox this morning, forwarded by Walt. (Hey, boss! You're supposed to be resting!) A bit of light at the end of the tunnel, in spite of yet another big financial institution meltdown.
Former editor in chief of Control, and now our VP of content, Keith Larson is in Suzhou, China, this week, attending industrial automation and embedded systems supplier Advantech's World Partner Conference. He's been Twittering (see @keithlarson) from the event.
A new ARC study by Larry O'Brien, my co-author on the Control/ARC Automation Top 50 every December, shows that the DCS business continues despite the recession for some very good reasons, and the automation companies are finding salvation in the services business.
From a news report in the Wall Street Journal, Siemens CEO Peter Loescher briefed analysts yesterday:
ARC sent out a release this morning on the prospects for the automation services market. They look pretty good:
Trolling in the Web waters this morning between bouts of proofing the June issue of Control and have found some goodies to share.
Looks like we're facing another rainy weekend in beautiful downtown Illinois. Now on top of that, the following showed up in my mailbox about 10 minutes ago. Sigh! Can I leave work now and go to the corner bar?
When times are tough, companies cut back on everything from salaries to travel to new product investment. Is your company cutting back? If so, how? Do you see light at the end of the tunnel, or are these cutbacks in place for the foreseeable future?
Found this article on the InnerWebs this afternoon. It sort of degenerates into a lot of corporate self-congratulation, but the money quote that caught my eye is in the opener.
Sunny Friday here. Spring may finally have come to Illinois. More important, although things are still decidedly cloudy on the economic front, a few glimpses of sun are popping through.