As a result of the disconnect between would be users willingness and ability to begin Industrial IoT (IIoT) or digitization projects, IHS Markit, working with leading IIoT solutions vendors in the industry, has developed this report to understand the level of readiness and areas where further investment is needed.
The purpose of this research is to understand in which technology areas further investment is needed, and how this varies by different company demographics to ascertain which types of companies are leading and lagging. This information is aimed at supporting IIoT vendors in targeting industries and company types more ready to introduce projects, tailoring conversations with to the needs of the industry, as well as supporting the development of solutions that support customers in their “IIoT Readiness”.
Senior Principal Analyst, Industrial Technology
Alex West leads Industrial IoT and Industry 4.0 research. As part of the Manufacturing Technology group, Mr. West tracks the impact of transformative technologies on the industrial sector. This includes analysis of both end-user trends and requirements, as well as market sizing analysis, and vendor and ecosystem solutions.