IoT Platforms & Software

In short In just five years, predictive maintenance has moved from an uncertain, standalone niche use case to a fast-growing, high return on investment (ROI) application that is truly delivering value to users. These developments are an indication of the power of the Internet of Things (IoT) and artificial intelligence (AI), and the market is still in its infancy. A new IoT Analytics report...

In short Enterprise software, such as ERP, is increasingly moving to the cloud; Cloud adoption for manufacturing software, such as MES/MOM, is much lower but accelerating. 29% of manufacturers in a recent survey indicated a move of MES software to the cloud in the next 2 years. The Cloud MES market is estimated to reach $2.34 billion by 2026. Why it matters? Offering cloud-based MES solutions...

Update October 2021: IoT Analytics published a more recent blog on: Soft PLCs: Revisiting the industrial innovator’s dilemma. In short Software is increasingly replacing hardware in industrial environmentsSoftware-based controllers (Soft PLCs) today are reliable, powerful and flexible.Soft PLC adoption is expected to double between 2019 and 2025, posing an “innovator’s dilemma” for incumbent...

In short IoT edge computing resources are becoming increasingly intelligentThere are 7 key characteristics that make modern edge computing more intelligent (including open architectures, data pre-processing, distributed applications)The intelligent industrial edge computing market is estimated to reach $30.8B by 2025, up from $11.6B in 2020 (see new 248-page report) Why it matters IT/OT...