Industrial Internet of things - IIOT
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models. Born out of the Internet framework, this new renaissance is termed as the Industrial Internet of Things- symbolising the complex network of assets, processes and people in future factories. This will begin a new era of connectivity, convergence and mobility, where data will gain centrestage and become the new capital for intelligence. Data-driven business models will disrupt conventional product markets and lead to the consolidation and reinvention of new approaches in future factories. The trend of IIoT, in effect, will become the common underlying denominator governing all future transformation in the manufacturing world
Frost & Sullivan’s IIoT research and consulting programs are focussed on foreseeing the impact of advanced IoT technologies within the manufacturing sector. The research approach is formulated with a specific objective of trying to predict how connectivity and data analytics will influence the reinvention of existing industrial supplier markets. This is achieved via a thematic approach that is detailed below.
Services 2.0 (advanced services)
Supply chain evolution
Industry 4.0 business ecosystem
Big data analytics
We work closely with the world’s leading industrial companies, manufacturers, information and communication technology (ICT) vendors, measurement and instrumentation vendors to build customized deliverables that can aid in strategic decision making. The insight from this research program is tuned to be applicable for multiple industries and supports client in the creation of an effective IIOT strategy
10 Jun 2019  |  Global
Assessment of Innovative Business Models to Unlock New Revenue Streams
This Frost & Sullivan study identifies, assesses, and evaluates the lucrative growth opportunities available for pump vendors if they integrate IIoT into their solution offering. Based on interactions with pump, automation, IoT, and end-user companies, Frost & Sullivan has identified 5 growth opportunities that helps pump manufacturers to identify ...
10 Jun 2019  |  North America
Impact Analysis of the Internet of Things (IoT) on the Global Analytical Instrumentation Market, 2018
IoT will Lead to Innovation Across the Value Chain–from Product Conception to Synergies Among Various Business Stakeholders
Although the Internet of Things (IoT) has been a buzzword for a long time, its penetration in the analytical instrumentation market has been limited when compared to other industrial markets. With key end users in the pharmaceuticals, food and beverage, and government sectors, the market proceeds with great caution (in terms of technology) as it de...
29 May 2019  |  North America
Start-up Companies Driving Upstream Oil & Gas Innovation
The upstream oil and gas industry is increasingly focused on cutting costs and improving recovery rates through radical innovation and digital transformation. Frost & Sullivan's Start-Up Tracker is a resource to help the upstream industry identify solution providers with specific solutions to industry challenges. The Start-Up Tracker provides a ri...
22 May 2019  |  Global
Blockchain Will Emerge as a Transformational Technology for High Productivity
Increasing use of blockchain technology will go together with growing advances in the construction and mining industry, especially through digitisation and automation. Key trends such as digital transformation, the rise in automation, modern equipment systems, and proliferation of financial technology (fintech) are influencing equipment models and ...
21 May 2019  |  Global
Digital Transformation Leading the Shift Toward Service-driven Monetization
As a result of a moderate investment climate, the automation market experienced steady growth in 2018. This research service provides key trends and predictions for the global automation industry in 2019, analyzing developments across end-user industries. The automation market is set for a paradigm shift due to digitalization in end-user industries...
21 May 2019  |  Asia Pacific
Enormous Opportunities in Automotive, Battery, Semiconductor, and Consumer Electronics
The objective of this growth insight is to identify the key growth opportunities for NDT service providers and NDT equipment suppliers in China, South Korea, and Japan. To achieve this objective, the growth insight starts with discussing the key Mega Trends that are affecting end-user industries as well as the key market trends and technology trend...
20 May 2019  |  Asia Pacific
The Start of a Paradigm Shift
Market estimates, growth estimates, and segmentation are based on existing data, secondary research, and information gathered from interviews in 2018. The base year for the report is 2017. The beverages subsegment is the most digitally mature end market in the F&B sector, followed by meat and dairy. Maturity varies between the subsegments according...
20 May 2019  |  Global
End-user Analysis on the Market Receptiveness towards IoT Asset Monitoring Solutions
The onset of the Industrial Internet of Things (IIoT) is transforming the entire manufacturing ecosystem by redefining the production process, supply chain, and end-product delivered to the customers. The business environment is turbulent due to uncertain economic conditions, a shift in customer preferences towards custom-made products, fluctuating...
14 May 2019  |  Global
Strategies to Implement Digital Technology as a Part of the Overall Organizational Strategy are Made Possible by IIoT
The Industrial Internet of Things, a critical facet of digital transformation that brings together different aspects of technology, is already leaving a lasting footprint on the power industry, and as new decade begins, the impact it could potentially have on the power industry could be a real game changer. Bringing Different Aspects of Technologi...
14 May 2019  |  Global
Revenue Growth Is Fueled by Non-intrusive Corrosion Monitoring
The corrosion monitoring plays a vital role in several industries and assists in raising productivity and decreasing the downtime. There is a clear shift from intrusive corrosion monitoring techniques to non-intrusive corrosion monitoring technique. This is mainly due to the inherent disadvantages related to safety in intrusive corrosion monitoring...