New ARC Advisory Group research on the Edge Controller market reveals that success in the Industrial IoT space is increasingly predicated on delivery of quantifiable business outcomes rather than pursuit of technology for its own sake. Suppliers must approach the market with a problem-solving mentality, starting with specific use cases. Quantifiable success in early proof-of-concept studies and pilot installations that validate specific applications, such as reduced machine downtime or incremental performance and service improvements, can then be leveraged to more pervasively scale future installations.
“Thought leaders and innovators increasingly view connected products and Industrial IoT edge capabilities as means of adding value for the customer, achieving competitive advantages, and reducing operation and service costs. Suppliers have responded by providing secure connected systems and solutions that ease deployment and management of these connected solutions. Market growth will benefit as early proofs of concept migrate to widespread implementation of connected product capabilities,” according to Stefan Miksch, Analyst at ARC Advisory Group and key author of ARC’s Edge Controller Emerging Market Analysis report.
About the Edge Controller Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the edge controller market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.
This new research is available as a Concise Market Analysis Report (PDF), providing an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.