Internet of Things (IoT) platforms coupled with edge computing will account for up to 60 percent of industrial IoT analytics by 2020, according to Gartner.
Gartner’s new Magic Quadrant for Industrial IoT Platforms is now available. The report found that on-premises IIoT platforms combined with edge computing will account for up to 60% of IIoT analytics by 2020 — quite an increase from today’s 10%.
IIoT platforms include device management, security, analytics, application management, and deployment tools. These platforms — superior to legacy technology — offer the ability to collect machine data from IoT endpoints to enable improved data accessibility and insights.
Their usual Magic Quadrant format ranks vendors on their ability to execute and completeness of vision, slotting them into four categories:
- Niche Players (low on vision and execution)
- Visionaries (good vision but low execution)
- Challengers (good execution but low vision)
- Leaders (excelling in both vision and execution)
No vendors made the rank of Leader or Challenger in this quadrant. The 11 companies that made the IIoT Magic Quadrant include:
- PTC (Visionary)
- Hitachi (Visionary)
- SAP (Visionary)
- IBM (Niche Player)
- Software AG (Niche Player)
- Atos (Niche Player)
- Altizon (Niche Player)
- QiO (Niche Player)
- Flutura (Niche Player)
“Adoption is growing, but the installed base of complex IT/OT integration is small and focused on narrowly defined outcomes,” says Gartner researchers. “CIOs in industrial enterprises must cautiously approach IoT platform due diligence.”