OEM servitization strategies: Why Equipment as a Service hasn’t taken off yet
In short According to the latest 147-page Equipment as a Service Market Report 2024–2028, the total equipment-as-a-service (EaaS) market reached $21.2 billion. Despite initial optimism, EaaS adoption has been slower than anticipated in the past 4 years, with less than...
Smart electricity meter market 2024: Global adoption landscape
In short By the end of 2023, 1.06 billion smart meters (electricity, water and gas) have been installed worldwide, according to IoT Analytics’ Global Smart Meter Market Tracker 2020–2030. Smart meters enable utility service providers across the world to digitalize...
How to create a successful IoT business model—Insights from successful OEMs
In short Many equipment manufacturers (OEMs) have significantly advanced their IoT strategies, introducing innovative software and services, and revamping their business models. This evolution has enabled some to expand their IoT deployments to millions of devices...
The rise of B2B software marketplaces: A shifting paradigm for enterprise procurement
In short According to the 216-page B2B Technology Marketplaces Market Report 2024–2030, organizations are in the early stages of a paradigm shift in how they procure software – moving from traditional direct-sale to software marketplaces, a subset of B2B...