ITT Corporation SWOT Analysis, Competitors, STP & USP
SWOT analysis of ITT Corporation analyses the brand/company with its strengths, weaknesses, opportunities & threats. In ITT Corporation SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like ITT Corporation to benchmark its business & performance as compared to the competitors and industry. ITT Corporation is one of the leading brands in the conglomerates sector.
The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top ITT Corporation competitors and includes ITT Corporation target market, segmentation, positioning & Unique Selling Proposition (USP).
| ITT Corporation Brand Analysis | |
|---|---|
| Parent Company |
ITT Corporation |
| Category |
Diversified manufacturing |
| Sector | |
| Tagline/ Slogan |
Power of one; Engineered for Life |
| USP |
Highly engineered critical components and customized technology solutions |
| ITT Corporation STP | |
| ITT Corporation Segmentation |
Industrial process, motion technologies, interconnects solutions (ICS), and control technologies |
| ITT Corporation Target Market |
Process Industries, Mining Industries, Power industries, Automobile Industries, Locomotives and Railway coach manufacturing industries, Defense and Aerospace Industries |
| ITT Corporation Positioning |
Providers of high quality products and qualities with innovation and technology |
| ITT Corporation SWOT Analysis | |
| ITT Corporation Strengths |
Below are the Strengths in the SWOT Analysis of ITT Corporation: 1. Operates from more than 140 locations in over 30 countries and has presence in more than 100 countries 5. Flexibility in modifying product, marketing and pricing – in terms technology and expertise |
| ITT Corporation Weaknesses |
Here are the weaknesses in the ITT Corporation SWOT Analysis: 1. Legal claims affecting the brand image of the company – 67,000 open claims pending in various state federal courts |
| ITT Corporation Opportunities |
Following are the Opportunities in ITT Corporation SWOT Analysis: 1. Strong outlook for the global control systems market- with a strong growh raye 2. Strategic business acquisitions would expand the company's presence 4. Opportunities to enter into industry and process automation sector |
| ITT Corporation Threats |
The threats in the SWOT Analysis of ITT Corporation are as mentioned: 1. Intense competition with several large and small enterprises 4. Emergence of cheap and local product and solution providers for process industries |
| ITT Corporation Competition | |
| Competitors |
Below are the top 6 ITT Corporation competitors: 1. Alliant Techsystems Inc. 4. Rockwell Collins, Inc. 5. Textron Inc. 6. United Technologies Corporation |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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