Industrial IoT Data Platform Value Matrix 2024

Have a specific question? Query our research catalogue with the Nucleus AI Tool.

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

Gain the knowledge you need to effectively develop and deliver a financial business case at ROIUniversity.com.