IDC MarketScape Names Siemens a Leader in Worldwide IIoT Platforms and Applications

Summary

Siemens Digital Industries Software has been named a Leader in the IDC MarketScape: Worldwide Industrial Internet of Things Platforms and Applications 2024 Vendor Assessment. The IDC MarketScape report evaluates Industrial IoT platforms and applications.
 
"Siemens’ recognition as a Leader in Industrial IoT Platforms and Applications, we believe, demonstrates that our approach of delivering outstanding customer value with out-of-the-box solutions tailored toward manufacturing companies is paying dividends for our users who adopt Insights Hub,” said Dr. Ralf M Wagner, senior vice president, Insights Hub, Siemens Digital Industries Software.
 

Siemens’ Insights Hub at a glance

Insights Hub, Siemens’ industrial IoT as a service solution, enables organizations to harness real-time insights for smarter, faster decision-making across industries. Designed as a cloud-native, out-of-the-box solution, it empowers companies to unlock the full potential of data analytics and artificial intelligence data driven. By providing a centralized environment for collecting, analyzing and visualizing operational and process data, it supports continuous improvement, helping organizations to boost efficiency, optimize performance and drive innovation.
 
“The IoT market is poised for substantial growth driven by advancements in artificial intelligence (AI), increased use of edge devices and deeper integration of IoT technologies across various sectors,” said Carlos Gonzalez, research manager of IIoT and Intelligence Strategies, IDC Manufacturing Insights. “Data-driven operations are central to this growth, with IoT platforms organizing, analyzing and providing actionable intelligence and insights from the data collected from devices.”
 

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.