Smart Innovators: IIoT Network Platforms

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Executive Summary

Many industrial firms now pursue digital transformation strategies which aim for step-change improvements in business performance by instrumenting equipment, connecting operational technology with information technology, leveraging mobile and cloud computing, and boosting field worker productivity. To succeed with digital transformation firms need an Industrial Internet of Things (IIoT) strategy which provides a network capable of processing, analysing and utilizing large volumes of varied types of data. Buyers should turn to IIoT network providers which offer six capabilities: network connectivity, IoT gateways, device management, industrial software support, network security and data orchestration. In this emerging market, Verdantix found that Arm, Cisco, Cradlepoint, Industrial Scientific, PTC Thingworx, Siemens, Sierra Wireless and Telit are best positioned to deliver on the promise of the IIoT. COOs and CIOs should include these providers on their short lists as they implement their digital transformation strategies.

Table of contents

Successful IIoT Deployments Start With The Network  
Rolling Out An IIoT Network Is Far From Simple
Buyers Can Pursue Three Different Paths To Create An IIoT Network Platform 
Introducing The IIoT Network Platform Market  
Comprehensive IIoT Network Platforms Have Six Primary Capabilities 
Customers Have A Wide Range Of IIoT Platform Puzzle Pieces To Choose From 
Vendors Need To Invest To Deliver Turnkey IIoT Network Solutions

Table of figures

Figure 1. Verdantix Smart Innovators IIoT Network Platforms

About the authors

Dennis Callaghan

Principal Analyst

Dennis is a Principal Analyst at Verdantix, contributing to both the Operational Excellence and Smart Buildings practices. His current research agenda focuses on covering asset performance management technologies across both industrial and smart buildings use cases, including Internet of Things monitoring and data analysis. Dennis has over 10 years’ experience in industry research and strategy. He previously worked at 451 Research, where he led that firm’s coverage of application performance management and IT service and asset management technologies. He has written about technology as a journalist, industry analyst or marketer for more than 20 years. Dennis holds a BA in journalism from Duquesne University.

Malavika Tohani

Research Director

Malavika leads the Verdantix Operational Excellence practice. Her current research agenda focuses on the digitization of Operational Excellence and covers operational risk technologies, best practices and growth strategies. Her recent research focussed on benchmarking the capabilities of the prominent operational risk software vendors. She has over 10 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

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