About

[…]Capgemini estimates that the size of the connected products market will be $519B to $685B by 2020. These and many other fascinating insights are from IoT Analytics’ study […]

[…]”IoT Analytics predicts the global market for Internet of Things is expected to grow 37% from 2017 to $151B in 2018.” […]

[…]”Globally, we expect the market for PdM to grow by 20 to 40 percent a year across all industries and applications. ” […]

[…]A database of over 640 IoT projects were mapped against 17 SDGs with the following results: – 84% of the 643 analysed IoT deployments support or have the potential to support the SDGs – 75% of these focus on five SDGs which are closer to commercial and industrial applications; SDG 9 (industry, innovation and infrastructure), SDG 11 (sustainable cities and communities)[…]The project has been supported by IoT Analytics GmbH: Knud Lasse Lueth, Chief Executive Officer, and Abhay Rastogi, VP Strategy, Business Development and Partnerships.”

[…] Business Leaders have increasingly recognised the importance of industrial analytics. A recent survey  carried out by IoT Analytics GmbH found that 69% of surveyed business leaders or industry analysts consider industrial analytics crucial for their businesses within 5 years and want to apply analytics to strengthen their businesses. The same survey found that analytics on physical objects and machines rank high in importance. predictive and prescriptive maintenance of machines (at 79% of surveyed considering it extreme or very important ) ranks at the top, slightly surpassing consumer and market related analytics (at 77%).”

[…] Knud Lasse Lueth, managing director at IoT Analytics GmbH tells IoT Now, “Government legislation, such as this Bill [IoT Cybersecurity Improvement Act], can be a driving factor for improving IoT security. Our recent research suggests that there are at least 150 IoT security vendors on the market that may directly benefit from this bill. Right now, overall security spending for IoT projects is in the single digit percentage range of the total project costs, often below 1%. However, given the severe implications of a breach, it probably should be higher. And there should be an increased focus on aspects such as patch management, especially after the recent Mirai and WannaCry attacks on IoT devices.”

With so many platforms, companies disappear almost as often as they appear, leaving early adopters in the lurch: “More than 30 of the companies included in the 2016 edition of the list have ceased to exist,” says IoT Analytics’ analyst Zana Diaz Williams.

[…] IoT Analytics Managing Director Knud Lasse Lueth said: “The market for IoT Platforms continues to get more crowded and fragmented. However, the dynamics are shifting: while we continue to witness a constant stream of new startups entering this space, most of the larger vendors seem to have made their bets by now – organic new entrants by multinationals are becoming rare.”

The likes of GE and Siemens are investing billions in the ‘industrial internet’ but will face competition from IT groups and start-ups

A fascinating report on how Industrial Analytics is maturing based on advances in the areas of IoT, machine learning, and big data analytics […] Research firm IoT Analytics GmbH was selected to conduct the study.