Industrial Cloud Platform Market for Automation Market
Industrial cloud platform for automation is described as the cloud platform designed to implement automation of operations in industries. These platforms are designed to implement automation offerings for the different industrial components such as hardware, machinery, sensors, and other products. They also provide transparency of operations by having a streamlined supply chain and manufacturing cycle.
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Industrial cloud platform market for automation market is growing due to advancements in research and developments of cloud computing, ease and flexibility in operations is achieved; the effects of these factors are mentioned below:
The market is segmented on the basis of solution as SCADA, DCS, MES, HMI, PLM, others; platform and professional service as platform, professional service; end-user as oil & gas, electric power generation, chemicals, water & wastewater management, food & beverage, mining & metal, pulp & paper, pharmaceutical, others.
“According to Data Bridge Market Research, Global Industrial Cloud Platform Market For Automation Market is expected to be growing with a healthy CAGR of 29.45% during the forecast period of 2019 to 2026”
Some of the major players operating in market are Siemens AG, GENERAL ELECTRIC, Schneider Electric, Honeywell International Inc., Rockwell Automation Inc., Telit, Microsoft, PTC, Hitachi Vantara Corporation, Advantech Co. Ltd., IBM Corporation, Epicor Software Corporation, Oracle, QAD Inc., Red Hat Inc., Salesforce.com inc., SAP SE, HP Development Company L.P., Netmagic Solutions, CtrlS Datacenters Ltd, and VMware Inc.
Due to the advent of Industry 4.0 there has been an increasing prevalence of utilizing automation products, solutions and other software offerings that can be used to adopt automation in these industry verticals and subsequent cities as well as other infrastructure. This trend of utilizing the most advanced hardware components require a software solution that can be used to build up their interconnected platform and ensure that their operations are not hampered in any sense.
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