Industrial Cloud Platform Market Global Size, Historical Analysis, Recent Trends, Opportunity, Future Scope & Potential of Industry by 2025: SAP, Prevas AB, QAD, Oracle, Epicor Software, IBM, Red Hat, Schneider Electric, Microsoft, Hitachi Vantara, Siemen

According to the industrial cloud platform Market report, the global market is expected to witness a relatively higher growth rate during the forecast period. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report.

Industrial cloud platform market report also delivers lists of the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the Industry. The industrial cloud platform Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

In June 2017, Wipro Limited collaborated with Red Hat, to set up a cloud application factory that enables developers and IT teams to have repeatable and rapid methodology for application modernization across public, private and hybrid clouds.

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In May 2018, Oracle Corporation had launched Oracle Autonomous Analytics Cloud, Oracle Autonomous Integration Cloud, and Oracle Autonomous Visual Builder Cloud to provide cloud platform services for business. This cloud services enable organizations to lower cost, reduce risk, accelerate innovation, and get predictive insights.

Top Competitors:

• Siemens
• General Electric
• Schneider Electric
• Honeywell International
• Rockwell Automation
• Telit
• PTC,
• Hitachi Data Systems,
• IBM,
• Epicor Software,
• Oracle Corporation,
• Red Hat, Inc.,
• Microsoft,
• Rockwell Automation, Inc.,
• Salesforce.com, Inc.,
• SAP SE,
• Schneider Electric SE,
• Hewlett Packard,
• Net Magic IT Services,
• Sify Technologies,
• CtrlS Data Center, V
• Mware, Inc., and many more.

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Market Drivers:

• Increased adoption of the industrial cloud platform in the industrial sector
• Advent of hybrid cloud services and cloud brokerages services
• High demand for cloud monitoring for financial applications
• Increasing adoption of wireless networking technology led to increase in use of industrial cloud platform
• Rise in the use of Distributed Control System (DCS)

Solution

1. Supervisory Control and Data Acquisition
2. Distributed Control System
3. Manufacturing Execution System
4. Human-Machine Interface
5. Product Lifecycle Management
6. Others

Cloud Type

1. Private
2. Public
3. Hybrid

Service Model

1. Software-as-a-Service
2. Platform-as-a-Service
3. Infrastructure-as-a-Service

Professional Service

1. System Integration
2. Consulting

End Users

1. Oil & Gas
2. Electric Power Generation
3. Chemicals
4. Water & Waste Water Management
5. Food & Beverage
6. Mining & Metal
7. Pulp & Paper
8. Pharmaceutical
9. Others

Geography
1. North America
2. Europe
3. Asia-Pacific
4. South America

Market Restraint:

• Need high investment for projects
• Increasing concerns regarding security and privacy
• Inefficient disaster backup and error limitations

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