Industrial IoT Data Platform Value Matrix 2024
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In this year’s Value Matrix, Nucleus highlights the software vendors’ shift from providing traditional Industrial Internet of Things (IIoT) platforms to more specialized IIoT data platforms as customers increasingly handle large-scale industrial data. These data platforms emphasize scalable data processing, predictive analytics, and real-time decision-making, improving how, for example, a manufacturer or an energy company reduces and predicts downtime and optimizes asset performance. Analysts observed product trends such as the integration of cloud and edge computing, improved system interoperability, and a growing emphasis on sustainability. These enable businesses to better manage data flow and address specific operational challenges in a more targeted way. Leaders in the 2024 IIoT Data Platform Value Matrix are ABB, Hitachi, Microsoft, PTC, Siemens, and Software AG.
For a detailed description of the Value Matrix methodology: Understanding the Value Matrix
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Learn more about Nucleus Research’s ROI case study approach here.
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