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...
Industrial IoT
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...
The top 10 industrial automation trends—as seen at SPS 2023
In short The current state of industrial automation was on full display at SPS Fair 2023—the Smart Production Solutions fair. Our five-analysts team produced a 75-page event report and presents its...
Predictive maintenance market: 5 highlights for 2024 and beyond
In short The global predictive maintenance market grew to $5.5 billion in 2022—a growth of 11% from 2021—with an estimated CAGR of 17% until 2028, according to the Predictive Maintenance and Asset...
Industry 4.0 check-in: 5 learnings from ongoing digital transformation initiatives
In short Digitalization has become essential for industrial companies worldwide, as IoT Analytics expects the industrial IoT market to reach $145 billion in 2023. The Industrial IoT and Industry 4.0...
IoT solution development: Build, buy, or a bit of both?
In short Industrial IoT is on the way to becoming mainstream as projects are becoming more successful and common challenges are decreasing. Companies have a choice between the Build,...
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