Siemens IIoT featured as a leader in 2024 IDC MarketScape assessment

According to IDC, the Industrial Internet of Things (IIoT) market is poised for explosive growth, projected to exceed $1.29 trillion in value by 2028. We believe Siemens Industrial IoT is at the forefront of this transformation. Siemens was also recently recognized as a Leader in the IDC MarketScape: Worldwide Industrial Internet of Things Platforms and Applications 2024 Vendor Assessment. Download an excerpt of the report today!

The IDC MarketScape recognized Siemens for the following strengths: 

• “Insights Hub seamlessly integrates data from multiple sources such as IoT devices, enterprise systems, and external databases, bringing benefits and value to all partners in the ecosystem. With Insights Hub supporting the DMAIC methodology of continuous improvement of operations, organizations can experience the growing value of data.” 
• “Companies that need a comprehensive solution that requires a unified and secure data solution while providing deep industry functionalities across multiple locations and facilities should consider partnering with Siemens.” 

Our view on key strengths of Siemens industrial IoT: 

Advanced Analytics Powered by AI and ML Insights Hub leverages machine learning and AI algorithms to deliver powerful analytical tools like edge analytics, quality prediction, and predictive maintenance. Imagine being able to forecast equipment failures before they happen or uncover hidden patterns in your production data. 

• Seamless data integration across systems - It seamlessly integrates data from your IoT devices, enterprise systems, and external sources into a unified data model. No more siloed information - just consolidated insights to drive better decision-making across your organization. 
• Intuitive User Experience for All Stakeholders - Designed with a robust visual interface, Insights Hub empowers users at all levels to navigate, generate reports, and visualize data through intuitive dashboards. Putting the transformative power of IIoT in the hands of your frontline teams. 
• Scalable and Flexible for Future Growth - Siemens Industrial IoT can accommodate businesses of all sizes, offering the ability for third-party app development. Ensuring your IIoT strategy can evolve and expand as your operations grow. 
• Robust Security and Compliance It incorporates robust security measures and complies with international data protection and privacy standards, offering private cloud, virtual, and on-premises deployment options. Giving you the peace of mind to embrace the power of IIoT. 

Download the IDC MarketScape excerpt now to discover how Siemens industrial IoT can help you unlock the future of your industrial operations.