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Balancing rewards and risks of industrial automation.

Economic, political and environmental headwinds are discouraging industrial capital investment while companies are transitioning from hardware-centric to broader approaches, and dealing with mounting pressure to deploy transformative technologies, revamp operations and implement new, more profitable business models.

 

Macro growth comparison for machinery production, capex, and industrial automation spend

Manufacturing Final title

Source: Omdia

 

The failings of industrial IoT.

Successfully deployed industrial IoT (IIoT) projects have improved overall equipment effectiveness by 22 percent and labor utilization rates by 10 percent – but half of all IIoT deployments fail. Buyers and vendors must identify the applications, rather than the technologies alone, which support business requirements, drive ‘people transformation’ and ensure users derive value from digitalization…

 

Omdia_MarkWatson"Manufacturing operations are moving toward hyperconnected production systems, supported by fast growing and converging transformative technologies. Recent products enable a trusted digital network of industrial assets, with data availability across most departments within an organization. The Fourth Industrial Revolution, as the name implies will revolutionize industrial sector, but not at the speed of most other markets."

Mark Watson
Vice President
Industrial Research

 

 

 

Only with Omdia.

In 2019 more than 3.5 billion industrial automation devices were shipped, yet only 2 percent of these were IIoT-enabled and while 5G shows promise only about 1,000 5G IIoT connection are projected in the next few years – only with Omdia, can you understand the impacts and the timeframes for automation advancement of such technologies… 

 

Overachieve with Omdia.

Master digital transformation, from the factory floor to the boardroom with the robust approach to qualifying the rewards and risk for technology and related aspects of the industrial sector that only Omdia can provide… 

  • Capital Equipment & Machinery
    Data & insights for generators, motor-driven equipment, switchgear and machinery production & industrial automation items

  • Discrete & Process Automation
    Analysis and forecasts for discrete machine safety, PLCs, IPCs, OTs, IO modules, instrumentation, DSC and machine vision

  • Electric Motor Systems
    Vendor market shares, analysis, and revenue for drives & motors, motor-driven equipment, gearboxes and mechanical components

  • Industrial IoT, Software & Communications
    Integrated data & intelligence for IIoT, digital twins, connectivity types & protocols, sensors and industrial edge infrastructure devices

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Industrial technology experts at Omdia.

Analyst

Alex West

Senior Principal Analyst, Industrial Technology UK 20 + years experience
Specialities include Industrial Technology
Products covered Industrial Technology
Analyst

David Green

Research & Analysis Manager, Smart Utilities Infrastructure UK 7 + years experience
Specialities include Smart Water Utilities Managed Services, Smart Utility Meter
Products covered Industrial Technology
Analyst

Greg Johnson

Senior Analyst, Manufacturing Technology USA 9 + years experience
Specialities include Process Level Measurement Devices, Pressure Transmitters, Temperature Transmitters, Discrete Automation Sensors, Flowmeters
Products covered Industrial Technology