BOULDER, Colo.--(BUSINESS WIRE)--A new Leaderboard report from Guidehouse Insights examines the strategy and execution of 17 industrial IoT (IIoT) networking solutions vendors, with Nokia, Sierra Wireless, Cisco, and HPE ranked as the leading market players.
The IIoT is transforming the way heavy industry works, creating more efficient, safe, and profitable operations in environments from factory floors and power plants to remote oil & gas (O&G) production sites and mines. New communications protocols, particularly for wireless connectivity, are making IIoT a more economic choice and digitalization is an accelerating trend in heavy industry. According to a new Leaderboard report from Guidehouse Insights, Nokia, Sierra Wireless, Cisco, and HPE are the leading providers of industrial IoT networking solutions.
“These market players have taken a holistic, forward-looking view of IIoT networking solutions, integrating a range of emerging and evolving wireless networking in addition to cloud-based offerings and analytics overlays targeted at heavy industry,” says Richelle Elberg, principal research analyst with Guidehouse Insights. “These companies have also differentiated themselves from the competition through widespread IIoT project experience across multiple verticals and internal or partner-provided applications such as analytics for provision of end-to-end solutions.”
Several vendors trail these leaders with solid foundations for growth and long-term success. These contenders are well-positioned to become leaders but have not yet fully executed their product launches. To succeed, they will need to differentiate themselves with unique value add applications to secure greater demand and higher market penetration.
The report, Guidehouse Insights Leaderboard: Industrial IoT Networking Solutions Vendors, assesses the competitive landscape for IIoT networking solutions providers, and how well different companies are positioned to address customer needs. This report is intended to help market participants better understand their competitors’ solution offerings, differentiation, and track record in deploying IIoT networks. The report includes profiles of 17 IIoT networking vendors and ranks them according to Strategy and Execution scores. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges and navigate significant regulatory pressures with a focus on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that prepare our clients for future growth and success. The company has more than 10,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: Industrial IoT Networking Solutions Vendors, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.