Parsec Achieves Transformative Growth in 2024 with Double-Digit ARR Increases and Global Expansion
Strong momentum in ARR growth, leadership expansion, and award-winning innovation position Parsec for a transformative 2025.
Strong momentum in ARR growth, leadership expansion, and award-winning innovation position Parsec for a transformative 2025.
2024 State of Manufacturing Surveys reveals 76% of North American and European manufacturers are advancing digital strategies, but challenges persist in achieving full Industry 4.0 transformation.
Leverage AI for growth by adopting a gradual approach, aligning with business goals, and focusing on outcomes.
Manufacturing technology uses AI, IoT, cloud computing, and robotics to create smart, automated systems that enhance efficiency and product quality.
Expanding globally offers growth and partnerships but comes with challenges like cultural, legal, and regulatory differences.
Manufacturers face intense pressure to innovate as evolving consumer expectations and complex supply chains demand precision and reliability.
Parsec simplifies manufacturing with innovation. Founder Eddy Azad focuses on agility, strong culture, and financial discipline for lasting success.
Eddy Azad highlights that leadership is earned through resilience and experience, emphasizing the need to build strong teams for success.
Manufacturing is shifting from manual methods to digital. With 69% of North American firms still using non-digital data, AI is key to advancing toward Industry 4.0.
Eddy reflects on 37 years at Parsec Automation, highlighting key lessons: financial knowledge, seeking help, incremental success, strong culture, and adaptability.
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