In short In 2023, OEM time to market for connected products—from project kick-off to the first paying customer—averaged 41 months, an 80% climb since 2020, according to the 206-page IoT...
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...
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...
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...
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...
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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