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 account for as much as 60% of IIoT analytics by 2020, a sharp increase from today, where they account for just 10%.
IIoT platforms include device management, security, analytics, application management, and deployment tools. They are superior to legacy technology because they offer the ability to collect machine data from IoT endpoints to enable improved data accessibility and insights.
On-premises Internet of Things (IoT) platforms coupled with edge computing will account for up to 60 percent of industrial IoT analytics by 2020, up from less than 10 percent today, according to Gartner’s new Magic Quadrant for Industrial IoT Platforms.
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), and Leaders (excelling in both vision and execution)
For this quadrant, no vendors made the rank of Leader or Challenger. The 11 companies that made the IIoT Magic Quadrant are;
- 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,” said Gartner researchers in the report. “CIOs in industrial enterprises must cautiously approach IoT platform due diligence.”