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Industry events are back! While this year’s Hanover Fair was much smaller, the quality of the visitors was especially high, the industrial community is clearly ready to return to normal with personal contacts and business travel. ARC has identified the important topics from the trade show and will present them to you in this “@Hanover Fair 2022” series.
Coopetition for IoT Platforms
How to explain the plethora of IoT offerings from small companies and start-ups? The availability of IoT and Industrial IoT platforms makes it possible. IoT platforms host apps of any size and provide a ready-made cloud infrastructure with deployment and connectivity tools. This allows app developers to focus most of their attention and engineering time on creating the app. With IoT platforms, the potential for a cottage industry of useful industrial apps is enormous.
Essentially two companies, Amazon Web Services and Microsoft, dominate the market for hosting IoT platforms. Users can use platforms and tools offered by either company, or they can select an industrial IoT platform from an industrial supplier like EcoStruxure (Schneider Electric) or MindSphere (Siemens). Regarding of the platform, the cloud hosting is usually provided by AWS or Microsoft, resulting in an interesting form of “coopetition” between IT and OT suppliers.
Hanover Fair 2022
After an unprecedented 3-year hiatus, the Hanover Fair returned last month in a more compact format, but with a surprisingly high level of enthusiasm among exhibitors and visitors. Tired of video conferences and virtual events, 75,000 industry players attended the 4-day event that was postponed earlier this year from its traditional April timeslot. Despite its reduced size, the show did not disappoint, and exhibitors expressed a high level of satisfaction with the quality of contacts.