CPCA member statistics are submitted to an independent facilitator for consolidation. Currently that is Sirius Solutions (Trish Torrance). Trish protects the confidentiality of all numbers and information submitted by members and releases only consolidated statistics once all criteria for protecting exposure of individual numbers have been met.
This process has worked well throughout the history of the CPCA with no breaches of security for the numbers.
Industry statistics, on a geographic, product & industry basis, are excellent measurement tools to assess how your company is performing in the process automation market. It is essential that all companies submit their reports in a timely manor to ensure prompt distribution of completed reports. Submitting reports without all members’ information devalues the analysis, as it is not a consistent base for comparison throughout the year.
There are a number of different reports and, with the exception of the monthly orders booked report, members can pick and choose those reports of interest. Of course, only those members who submit their individual data will receive the aggregated reports. It is by having a thorough understanding of the market that companies are able to make better strategic decisions.
We began providing individual market share to companies in 2020 and began working with Electrofed in 2021 to completely revise our Product Report. We are very excited to bring these new member benefits, particularly during such a difficult time.
We have also completely redesigned our Compensation & Benefits Report. This is the only report of it’s kind for the Canadian Process Market. It not only helps companies get an understanding of how the industry is reacting to the pandemic in respect to hiring and compensation policies but ensures they can better find and retain top talent! Non-members can participate for $500. Contact CPCA to learn more.
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Click for Compensation Template