The Key Players in Global Industrial IoT Market 2015-2019, According to a New Study on ASDReports

Friday 21 August 2015, Amsterdam

Market Research Report Press Release The report recognizes the following companies as the key players in the Global Industrial IoT Market: AT&T, Cisco, GE, IBM, Intel and Qualcomm

The other prominent vendors are: Accenture, Amazon, ARM, Atmel, Atos, Bosch, Broadcom, Digi International, CSC, CTS, Dell, Echelon, Ericsson, Freescale, , Hitachi, HP, Huawei, , Infineon, Infosys, Livion, Google, Microsoft, National Instruments, NEC, Oracle, PTC, Quuppa, Rockwell, Roima, SAP, Siemens, TCS, Tech Mahindra, Texas Instruments, Tieto, Trelab, Unisys, Verizon, Zebra Technologies, and ZTE

Commenting on the report, an analyst said: “The growing adoption of industrial IoT may lead to a shift in employment structures. We expect a blended workforce where both humans and machines work together to attain outcomes that neither humans nor machines could produce alone. Technology will likely be designed and applied to empower people rather than replace them. The increased usage of smart devices, intelligent systems, and robots will likely completely transform the skills and jobs required in the future. Companies will use intelligent machines and network systems to automate tasks at lower costs and achieve high quality outcomes. This automation will help people to focus more on human-related job elements such as creative problem-solving and collaboration. So, there will be higher productivity with a dynamic and more engaging human work experience through the combination of humans and machines.”

According to the report, a rising number of connected devices are now being used in industries to boost the quantum of generated data. Businesses have realized that they can use these data to optimize costs, deliver better services, and boost revenues. They are also seeing opportunities for changes in business models. For example, aviation engine manufacturers are offering inclusive rental programs on their equipment and servicing contracts. The expectation is that feedback from engine users would help manufacturers enhance engine design and reduce manufacturing and maintenance costs, which may confer significant competitive advantages. Countries have realized that sensor data could be used to avoid catastrophic failures in key infrastructure networks like water, power, and transport. All these factors drive revenues in the market.

Further, the report states that the lack of interoperability hampers the adoption of IIoT.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Global Industrial IoT Market: Research report 2015-2019

Global Industrial IoT Market: Research report 2015-2019

Publish date : August 2015
Report code : ASDR-214524
Pages : 80

ASDReports.com Media contact: S. Koopman - Marketing and Communications

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P : +31(0)20 486 1286 - F : +31(0)20 486 0216 - E : stefan.koopman@asdreports.com

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