ITT Corporation SWOT Analysis, Competitors & USP
SWOT analysis of ITT Corporation analyses the brand by 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. ITT Corporation is one of the leading brands in the conglomerates sector.
The table below lists the ITT Corporation SWOT (Strengths, Weaknesses, Opportunities, Threats), top ITT Corporation competitors and includes its 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 | |
| Segment |
Industrial process, motion technologies, interconnects solutions (ICS), and control technologies |
| Target Group |
Process Industries, Mining Industries, Power industries, Automobile Industries, Locomotives and Railway coach manufacturing industries, Defense and Aerospace Industries |
| Positioning |
Providers of high quality products and qualities with innovation and technology |
| SWOT Analysis of ITT Corporation | |
| 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 | |
| ITT Corporation Competitors |
Below are the top 6 competitors of ITT Corporation: 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.
Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to ITT Corporation. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.
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