Industrial IoT

The industrial IoT (IIoT) (related concept: Industry 4.0) is the industrial subset of the Internet of Things and refers to manufacturing industries where assets are connected.

Latest Insights: Industrial IoT

The top 15 smart factory KPIs: Operational indicators most important for measuring performance

The top 15 smart factory KPIs: Operational indicators most important for measuring performance

In short When evaluating the success of a smart factory, operational KPIs are important for manufacturers in all regions and industries and across all company sizes.Companies are ambitious to improve supply chain, safety, and sustainability KPIs in the next three years. Why it matters For manufacturers: The data provide an opportunity to benchmark against industry peers.For technology vendors:...

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The top 20 industrial technology trends – as showcased at Hannover Messe 2022

The top 20 industrial technology trends – as showcased at Hannover Messe 2022

In short Software, Cloud, and AI were the most prevalent industrial technology trends at the Hannover Messe 2022.The buzz around sustainability and cybersecurity grew particularly fast compared to the last physical Hannover Messe in 2019. Why it matters? Hannover Messe is still the world's most important global industrial fair. Technologies showcased there are widely applicable to any industrial...

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The top 10 industrial software companies

The top 10 industrial software companies

Download the chart as a .gif file | Download the chart without animation as a .png file In short Microsoft surpassed SAP in 2021 to become the largest industrial software vendor according to IoT Analytics latest research on the topic.The overall market for industrial software is estimated to grow at a CAGR of +18% in the next five years across the 14 major software categories analyzed. Why it...

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10 IoT technology trends to watch in 2022

10 IoT technology trends to watch in 2022

At IoT Analytics, our market analyses rely on the findings from our analyst team but also on the input from experts and advisors. We gathered our advisor’s opinions on the most important IoT technology trends to watch in 2022: Note: You may also be interested to read our recent article on more general IoT adoption trends In short Our advisors identified 10 major trends shaping the IoT technology...

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The rise of industrial AI and AIoT: 4 trends driving technology adoption

The rise of industrial AI and AIoT: 4 trends driving technology adoption

In short Two new IoT Analytics research reports on the topics of industrial artificial intelligence (AI) and the Artificial Intelligence of Things (AIoT) estimate that the AIoT market will reach $102.2 billion by 2026. (Report 1, Report 2)Four trends are driving the technology: (1) the availability of new software tools, (2) the development of simplified AI solutions, (3) the infusion of AI into...

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Soft PLCs: Revisiting the industrial innovator’s dilemma

Soft PLCs: Revisiting the industrial innovator’s dilemma

In short Software based PLCs (programmable logic controllers) may pose an innovator’s dilemma to the incumbents of the industrial automation world and threaten their hard-PLC business.Our most recent research on the topic shows that the threat of disruption for incumbent vendors is lower than previously assumed because customers are indicating that they would stick to existing vendors for...

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Our View On Industrial IoT

The industrial IoT (IIoT) (related concept: Industry 4.0) is the industrial subset of the Internet of Things and refers to manufacturing, energy, oil and gas, and similar settings in which assets are connected to the internet.

The industrial IoT research stream covers the core elements:

1. Connected Industry Building Block
  • Hardware, such as chips, sensors or gateways
  • Connectivity protocols and services
  • Hosting environments, IoT platforms, and data analytics & AI
  • Applications that are built on top of the software layer
  • Cyber security technologies and methods used throughout the stack
  • Systems integration, connecting systems both vertically and horizontally
2. Disruptive Trends

The technologies and standards which are being be altered or replaced by disruptive trends caused by I4.0 technologies.

3. Supporting Technologies

Six technologies frequently deployed alongside the connected industry building blocks to support the I4.0 key use cases.

  1. Additive Manufacturing (AM)
  2. Augmented and Virtual Reality
  3. Collaborative Robotics
  4. Connected Machine Vision
  5. Drones/UAVs
  6. Self-Driving Vehicles
4. Key Use Cases

Use cases implementing connected industry and/or supporting technologies.

5. Adoption Strategies

OEMs, factories, and industrial automation suppliers are all leveraging I4.0 technologies to differentiate themselves in the market.

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