Data Management in Industrial Applications Research Service

When connecting legacy assets on a factory floor, smart manufacturing vendors face the challenge of bridging the gap between Information Technology (IT) and Operational Technology (OT). They must consolidate data streams from multiple types of machines from multiple manufacturers with proprietary communications protocols and different operating systems. Balancing edge and cloud processing, computing and storage makes IIoT solutions more effective and more scalable with real business cases. As demand increases or decreases and clients place custom orders, a well-structured data architecture makes it easier to coordinate activities and adjust operations to accommodate. The United States leads the world in Digital Factory data and analytic services revenues throughout the forecast period, reaching US$5.3 billion in 2026 out of a global total of US$25.6 billion. China, Japan, India, and Germany will round out the top five by 2026 due to large manufacturing sectors.