In short Scalability, automation, and serviceability are the top 3 paradigms that are shaping factories of the future. Underpinning these paradigms is software, and it is notable that software-defined manufacturing is increasingly replacing rigid, hardware-centric automation. The IoT Analytics team shares 8 notable developments in software-defined manufacturing based on its research and observations at major industry technology exhibitions. Why it matters For industrial software vendors: As m...| IoT Analytics
The 9 most demanded IoT system integrator services - A heatmap is based on discussions with experts in the field| IoT Analytics
In short IoT initiatives appear more successful than ever, as 92% of enterprises report positive ROI from IoT use case implementations, according to IoT Analytics’ 418-page IoT Use Case Adoption Report 2024. The number of IoT use cases being adopted by enterprises grew 53% between 2021 and 2024. Complexities related to IoT use case adoption appear to be easing somewhat, which appears to be fueling the adoption growth and ROI. Enterprise IoT use case investments continue to grow in 2024, but...| IoT Analytics
In short According to the latest 147-page Equipment as a Service Market Report 2024–2028, the total equipment-as-a-service (EaaS) market reached $21.2 billion. Despite initial optimism, EaaS adoption has been slower than anticipated in the past 4 years, with less than 1% of equipment sales in 2023 being executed under EaaS contracts. While widespread adoption has not yet occurred, there are pockets of success (e.g., in the lighting and robotics industry), with research showing continued OEM...| IoT Analytics