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Industrial Cloud Platform Market Comprehensive Analysis 2018 | By Key Companies: IBM, Salesforce, Rockwell Automation, Oracle, Siemens, Schneider Electric, Honeywell, GE, Red Hat, Rackspace, Prevas AB, Epicor Software
Industrial Cloud Platform Market
In May 2018, Epicor Software Corporation has partnered with Microsoft to provide Epicor enterprise-class solutions globally on the Microsoft Azure platform to promote business growth. This strategy offers cloud deployment of Epicor Prophet 21 enterprise resource planning (ERP) suites on Microsoft Azure to provide industrial cloud platform.
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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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
Top Key Venders:
• 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,
• 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
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.
Market Restraint:
• Need high investment for projects
• Increasing concerns regarding security and privacy
• Inefficient disaster backup and error limitations
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