Virtual PLCs: Can they become the industry norm by 2030?
In short Virtual PLCs represent a paradigm shift for industrial automation, completely decoupling control logic software from specific hardware. Audi is at the forefront of this paradigm shift, moving from many decentralized PLCs on the factory floor to centralized,...
The industrial software market landscape: 7 key statistics going into 2025
In short The global industrial software market reached $146 billion in 2023, according to IoT Analytics’ 132-page Industrial Software Landscape Report 2024–2030, and is forecasted to reach $355 billion by the end of the decade, growing at a CAGR of 13.5%. Cloud...
Global cellular IoT connections surpassed 4 billion in 2024, driven by 5G and LTE Cat 1 bis
In short Global cellular IoT connections reached 3.9 billion in H1 2024, according to IoT Analytics’ updated Global Cellular IoT Connectivity Tracker & Forecast. Based on ongoing tracking and analysis, cellular IoT connections have surpassed 4 billion as the end...
IT/OT convergence: The 27 themes that define the future of industrial integration
In short 27 themes comprise IT/OT convergence and making it a reality, according to IoT Analytics’ IT/OT Convergence Insights Report 2024. 12 themes involve IT coming to OT, another 12 involve IT and OT integration, and 3 involve OT hardware becoming IT-like. Why it...