Two New IDC MarketScape Reports Evaluate Industrial Internet of Things Platform Providers for the Manufacturing and Energy Sectors

FRAMINGHAM, Mass.–(BUSINESS WIRE)–#IIoT–International Data Corporation (IDC)
today announced the publication of two IDC
MarketScape
reports evaluating vendors participating in the
Industrial Internet of Things (IIoT) platform market. One report
analyzes the IIoT platform providers in the manufacturing industry while
the other focuses on the energy industry. Both reports use the
MarketScape framework to assess the vendors relative to a set of
criteria that explain success in the IIoT platform market and highlight
the factors expected to be the most influential for success in both the
short term and the long term.

“By providing industrial companies with a common way to access, manage,
and visualize IoT data, as well as build and deploy IoT applications,
industrial IoT platforms play a key role in supporting the goals of
organizations in most vertical industries today,” said Stacy
Crook
, research director, Internet
of Things
.

The manufacturing industry already recognizes the IoT as one of the
technologies that will have the greatest impact on its businesses in the
next five years. IoT provides manufacturers access to more data than
ever before, which can fuel a company’s transformation efforts. And IoT
is pervasive throughout the manufacturing value chain, with ongoing
activity across the four strategic priorities: supply chain
optimization, smart manufacturing, product innovation, and field service.

“IoT is a hot topic across all industries but even more so among
manufacturers as the opportunity for transformation is largest,” said Reid
Paquin
, research director, Manufacturing
IT Priorities and Strategies
. “Manufacturers are well underway in
terms of adopting IoT into their products and processes, and the most
advanced manufacturers are already changing the way they operate and
their business models because of IoT.”

For the report, IDC
MarketScape: Worldwide Industrial IoT Platforms in Manufacturing 2019
Vendor Assessment
(IDC #US45116819), IDC assessed eleven
industrial IoT platform providers focused on the manufacturing industry.
In addition to meeting revenue thresholds, the ability to support global
deployments, and customer requirements, each vendor had to offer: a
commercially available software platform that can be used to build and
deploy IoT applications and manage IoT devices; native support for
industrial protocols within the platform; edge application frameworks
and runtimes; analytics tools, including dashboards and advanced
analytics; security capabilities within the platform architecture; tools
to create “thing models”; and API access to IoT data. The eleven vendors
profiled in this report were: Altizon, AVEVA, C3, GE Digital, Hitachi,
IBM, Microsoft, Oracle, PTC, SAP, and Siemens.

Like manufacturing, the energy sector is facing one of the most
transformational periods in its history. What is common across the
market is the recognition of the need to transform as the energy value
chain changes around them. This is driving energy organizations to
rethink their technology strategy and that includes the incorporation of
the IoT, which can provide unprecedented levels of data and fuel a
company’s transformation efforts. IoT is pervasive in both oil and gas
and utilities, with ongoing activities across the industry’s strategic
priorities: connected assets, next-gen safety, digital refining/grid,
digital upstream, and connected customers.

“The energy sector is being asked to become more responsive to customer
and market demands. The incorporation of IoT is enabling these
organizations to improve efficiency and reliability and reduce costs,
all while staying more connected to their customers,” said Paquin.

For the report, IDC
MarketScape: Worldwide Industrial IoT Platforms in Energy 2019 Vendor
Assessment
(IDC #US45116919), IDC assessed eight industrial IoT
platform providers focused on the energy industry, including both oil
and gas and utilities. In addition to meeting revenue thresholds , the
ability to support global deployments, and customer requirements, each
vendor had to offer: a commercially available software platform that can
be used to build and deploy IoT applications and manage IoT devices;
native support for industrial protocols within the platform; edge
application frameworks and runtimes; analytics tools, including
dashboards and advanced analytics; security capabilities within the
platform architecture; tools to create “thing models”; and API access to
IoT data. The eight vendors profiled in this report were: Altizon,
AVEVA, C3, GE Digital, Hitachi, IBM, Microsoft, and Siemens.

About IDC MarketScape
IDC
MarketScape
vendor analysis model is designed to provide an overview
of the competitive fitness of IT, telecommunications, or
industry-specific suppliers in a given market. The research methodology
utilizes a rigorous scoring methodology based on both qualitative and
quantitative criteria that results in a single graphical illustration of
each vendor’s position within a given market. IDC MarketScape provides a
clear framework in which the product and service offerings, capabilities
and strategies, and current and future market success factors of IT,
telecommunications, or industry-specific vendors can be meaningfully
compared. The framework also provides technology buyers with a
transparent foundation to allow companies to independently compare the
strengths and weaknesses of current and prospective vendors.

For more information about IDC MarketScape, please contact Karen Moser
at kmoser@idc.com.

About IDC
International Data Corporation (IDC) is the
premier global provider of market intelligence, advisory services, and
events for the information technology, telecommunications, and consumer
technology markets. With more than 1,100 analysts worldwide, IDC offers
global, regional, and local expertise on technology and industry
opportunities and trends in over 110 countries. IDC’s analysis and
insight helps IT professionals, business executives, and the investment
community to make fact-based technology decisions and to achieve their
key business objectives. Founded in 1964, IDC is a wholly-owned
subsidiary of International Data Group (IDG),
the world’s leading media, data and marketing services company. To learn
more about IDC, please visit www.idc.com.
Follow IDC on Twitter at @IDC
and LinkedIn.

Contacts

Stacy Crook
scrook@idc.com
509-988-6736

Reid
Paquin
rpaquin@idc.com
508-935-4333

Michael
Shirer
press@idc.com
508-935-4200

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