Industrial Internet of things - IIOT Market
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
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