Trends is free while in Beta
59%
(5y)
102%
(1y)
16%
(3mo)

About Vention

Vention is a cloud based platform that enables users to design, simulate, and source automation equipment and industrial equipment digitally, facilitating rapid prototyping and deployment of automated manufacturing lines.

Trend Decomposition

Trend Decomposition

Trigger: Growing demand for rapid automation and digitization of manufacturing workflows.

Behavior change: Engineers and operators increasingly design and configure automation systems virtually before building them on site.

Enabler: Cloud based 3D design, digital twins, and integrated part libraries accelerate the design to order process.

Constraint removed: Physical ordering and iteration delays are reduced through virtual prototyping and online sourcing.

PESTLE Analysis

PESTLE Analysis

Political: Industrial policy encouraging SME adoption of Industry 4.0 technologies.

Economic: Reduced capital expenditure and faster time to value through scalable automation platforms.

Social: Increased demand for skilled automation workers and collaborative design practices.

Technological: Advances in cloud design tools, 3D visualization, and modular hardware libraries.

Legal: Compliance and safety standards integrated into platform templates and bill of materials.

Environmental: Potential for greener manufacturing through optimized material use and energy aware automation.

Jobs to be done framework

Jobs to be done framework

What problem does this trend help solve?

Streamlining the design to deploy cycle for automation systems.

What workaround existed before?

Physical prototyping and offline manual bill of materials sourcing with longer lead times.

What outcome matters most?

Speed and certainty in delivering a functioning automated system at lower cost.

Consumer Trend canvas

Consumer Trend canvas

Basic Need: Efficient procurement and configuration of automation equipment.

Drivers of Change: Digital twins, cloud collaboration, and standardized modular components.

Emerging Consumer Needs: Faster onboarding of automation projects and scalable solutions for SMEs.

New Consumer Expectations: Transparent pricing, accurate virtual testing, and rapid deployment.

Inspirations / Signals: Growing catalogs of off the shelf components and plug in automation workflows.

Innovations Emerging: Integrated cloud CAD, BOM generation, and supplier direct ordering.

Companies to watch

Associated Companies
  • Vention - Cloud based platform for designing, simulating, and sourcing automation equipment.