TECH SUPPLIER Jun 2020 - Market Perspective - Doc # US46532320
Evolving Requirements for Industrial Data Historians and Time Series Databases
This IDC Market Perspective provides insight into the technology and adoption trends for data or process historians and other time series–optimized databases in industrial verticals. Operational process data has long been the cornerstone of improvements to operational effectiveness in industries like manufacturing, oil and gas, utilities, and mining. New capabilities in IIoT, AI and analytics, and cloud technologies are driving IT-OT convergence and causing customers to adopt new requirements.
"IT is under mandate to enable and drive innovation in operations as part of the overall enterprise digital transformation," says Kevin Prouty, GVP, IDC Manufacturing Insights and IDC Energy Insights. "With the shift toward a market-driven operation that leverages data for resilient decision making, integration of asset process data from historians into the broader enterprise or market context is mandatory."