The 14 IIoT Providers That Matter Most And How They Stack Up
The industrial internet of things (IIoT) has completely changed the competitive landscape for manufacturers. It is ushering in entirely new ways of thinking about every business process from product design, engineering and manufacturing to maintenance and asset management—not to mention new business models. It drives greater levels of efficiency that were never thought possible before.
Before the advent of digitalization, competitive advantage was determined by the effectiveness and improvement of specific processes. You or your competitor could accelerate product development by using computer-aided design, manufacturing or product lifecycle management systems. You could increase quality by installing a quality management system; your warehouse efficiency by adding a warehouse management system; or manufacturing effectiveness with a manufacturing execution system. As a result, you could quickly counter most attempts by your competitor to gain a competitive advantage—not anymore.
Connecting to the IIoT and integrating the entire manufacturing process gives manufacturers the capability to implement a wide array of solutions to enhance operational efficiencies and enable personalized customer experiences. IoT-enabled digital twins of product, production and performance, present manufacturers with unparalleled opportunities to continuously optimize every step of manufacturing. Leveraging IoT data in digital twins creates a closed-loop environment and the ability for manufacturers to realize new efficiencies, avoid production issues, improve development and design cycles as well as open the door to new revenue streams.
Why Read This Report
In The Forrester Wave™: Industrial IoT Software Platforms, Q4 2019, a 24-criterion evaluation of industrial internet of things (IIoT) software platform providers, the research company identified the 14 most significant — ABB, Amazon Web Services (AWS), Bosch, C3.ai, GE Digital, Hitachi, IBM, Microsoft, Oracle, PTC, Samsung SDS, SAP, Siemens, and Software AG — and researched, analyzed, and scored them. This report shows how each provider measures up and helps infrastructure and operations (I&O) professionals select the right ones for their needs.
Microsoft, C3.ai, PTC, And Siemens Lead The Pack
Forrester’s research uncovered a market in which Microsoft, C3.ai, PTC, and Siemens are Leaders; IBM, Software AG, Hitachi, SAP, Amazon Web Services, Oracle, and GE Digital are Strong Performers; and Samsung SDS, ABB, and Bosch are Contenders.
Analytics, Prepackaged Applications, And Integration Are Key Differentiators
As IIoT solutions enter the mainstream, Leaders differentiate by doing far more than simply connecting industrial machinery to the internet — they turn insight into action with powerful analytics. These vendors offer a set of rich prepackaged applications on their platforms and support comprehensive integration capabilities to plug gaps in functionality and deliver the solutions their customers demand. Find out more about the right representation of Digital Twins for Data Analytics.
Read the whole report “Siemens MindSphere named a Leader in The Forrester Wave™: Industrial IoT Software Platforms, Q4 2019”, featuring research from Forrester.