Description
SWOT ANALYSIS OF ITT CORPORATION
ITT Corporation
Parent Company
ITT Corporation
Category
Conglomerate
Sector
Diversified manufacturing
Tagline/ Slogan
Power of one; Engineered for Life
Highly engineered critical components and customized technology USP solutions STP
Industrial process, motion technologies, interconnects solutions Segment (ICS), and control technologies
Process Industries, Mining Industries, Power industries, Automobile Industries, Locomotives and Railway coach manufacturing industries, Target Group Defense and Aerospace Industries
Providers of high quality products and qualities with innovation and Positioning technology SWOT Analysis
1. Operates from more than 140 locations in over 30 countries and has presence in more than 100 countries 2. Strong brand portfolio – enables acceptance of new products with premium pricing 3. Considerable focus on research and development activities – significant portion of revenue is spent on R&D 4. Strong geographical distribution of revenues – more than half from outside USA 5. Flexibility in modifying product, marketing and pricing – in terms Strength technology and expertise
1. Legal claims affecting the brand image of the company – 67,000 open claims pending in various state federal courts 2. Declining performance in industrial valve sector 3. Increasing cost of compliance in industrial products catering Weakness process industries
1. Strong outlook for the global control systems market- with a strong growh raye 2. Strategic business acquisitions would expand the company's presence 3. Growing global electronic components market expected to grow in leaps and bounce Opportunity 4. Opportunities to enter into industry and process automation sector
1. Intense competition with several large and small enterprises 2. Environmental regulation 3. Risks related to international operations 4. Emergence of cheap and local product and solution providers for Threats process industries Competition
1. Alliant Techsystems Inc. 2. Eaton Corporation 3. Flowserve Corporation 4. Rockwell Collins, Inc. 5. Textron Inc. Competitors 6. United Technologies Corporation
doc_193957969.docx
SWOT ANALYSIS OF ITT CORPORATION
ITT Corporation
Parent Company
ITT Corporation
Category
Conglomerate
Sector
Diversified manufacturing
Tagline/ Slogan
Power of one; Engineered for Life
Highly engineered critical components and customized technology USP solutions STP
Industrial process, motion technologies, interconnects solutions Segment (ICS), and control technologies
Process Industries, Mining Industries, Power industries, Automobile Industries, Locomotives and Railway coach manufacturing industries, Target Group Defense and Aerospace Industries
Providers of high quality products and qualities with innovation and Positioning technology SWOT Analysis
1. Operates from more than 140 locations in over 30 countries and has presence in more than 100 countries 2. Strong brand portfolio – enables acceptance of new products with premium pricing 3. Considerable focus on research and development activities – significant portion of revenue is spent on R&D 4. Strong geographical distribution of revenues – more than half from outside USA 5. Flexibility in modifying product, marketing and pricing – in terms Strength technology and expertise
1. Legal claims affecting the brand image of the company – 67,000 open claims pending in various state federal courts 2. Declining performance in industrial valve sector 3. Increasing cost of compliance in industrial products catering Weakness process industries
1. Strong outlook for the global control systems market- with a strong growh raye 2. Strategic business acquisitions would expand the company's presence 3. Growing global electronic components market expected to grow in leaps and bounce Opportunity 4. Opportunities to enter into industry and process automation sector
1. Intense competition with several large and small enterprises 2. Environmental regulation 3. Risks related to international operations 4. Emergence of cheap and local product and solution providers for Threats process industries Competition
1. Alliant Techsystems Inc. 2. Eaton Corporation 3. Flowserve Corporation 4. Rockwell Collins, Inc. 5. Textron Inc. Competitors 6. United Technologies Corporation
doc_193957969.docx