target audience: TECH BUYER Publication date: Oct 2022 - Document type: IDC MarketScape - Doc Document number: # US47587121
IDC MarketScape: Worldwide Industrial Internet-of-Things Service Providers for Utilities 2022 Vendor Assessment
This IDC MarketScape evaluates service providers by performing a qualitative and quantitative assessment of their capabilities and strategies regarding industrial IoT (IIoT) offerings for utilities across all value chain segments. With its worldwide perspective, it aims to support utilities in choosing their partners in their journeys. It provides context for utilities evaluating vendors in this area, examines vendors' comparative success in the marketplace, and looks at how vendor offerings will evolve. This IDC MarketScape covers 16 vendors, and the evaluation is based on a comprehensive and rigorous framework that assesses vendors relative to the criteria and highlights the most influential factors for success in this market, both in the short and long term.
"Industrial IoT has long been a major area of innovation and investment for utilities as it offers numerous possibilities for utilities to improve operational performance, safeguard the workforce, and better serve customers. IIoT is a means to an end that — alongside other technologies — will play a critical role in supporting utilities' transformation to connected, self-healing, flexible, and resilient operations," said Gaia Gallotti, associate research director, IDC Energy Insights. "IDC Energy Insights evaluated over 20 utilities-specific use cases in IIoT. As adoption continues around the world, related benefits and ROI will become clearer and more pronounced, with business and IT service providers playing an essential role."