IoT is growing its adoption across industries, mainly due to the cost-cutting and centralized plant monitoring and connectivity, geo-fencing, oredictive maintenance, workforce productivity, workforce security and others.
1. IOT Suppliers in Equipment & Machinery
IIoT in Equipment and Machinery already has witnessed over a few hundreds of use-case cases that help
the enterprises with a wide scope to progress in the functional areas mentioned above.
Company Products Category Key focus of offerings
Partnerships in
overall IoT
Thingworks Thingworx
Augmented
Reality,
Thingworx
Navigate,
Thingworx
Studio
IOT Solutions Solutions that uses IOT for
making design and analysis of
products
National
Instruments,
Vodafone,
HPE
Auvesy Versiondog Data
management and
software
solutions
Automated backup of customer
data
ABB,
General Electric,
Siemens,
Digital Factory,
Mitsubishi Electric
Automation
Cisco Cisco Jasper
Control Center,
Control Center
Advanced
Cloud Computing
& Software
More automation and security Eclipse IOT,
Global Certification
Forum,
HyperCat,
oneM2M
Industry trend: The mining sector increasing its focus on automating the time consuming day-to-day
tasks, which will push the demand for more innovative use cases around enhancing plant efficiency and
safety.
25%
22%
20%
18%
13%
2%
Maintenance
Product Development
Discrete Manufacturing
Logistics & Warehousing
Quality Assurance
Process Manufacturing
Owing to the growing demand for new hardware
installations, centralized connectivity and machine to
machine connectivity industrial equipment and
machinery companies are looking for the IIoT to find
new enterprise centric use cases mainly to reach near
optimum efficiencies; on the other hand, technology
startups are looking for monetizing revenue-boosting
business models from these emerging
opportunities. During 2018-19, the segment has already
proven its versatility with growing demand for more
customized vertical specific pilots. The segment is
progressing at a faster phase primarily due to the trend
for connected vehicles, fleet management, asset
monitoring, and predictive maintenance among others.
IIoT
Functionalities