{"id":535733,"date":"2021-09-08T09:51:08","date_gmt":"2021-09-08T13:51:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/enterprises-worldwide-show-renewed-interest-in-iot\/"},"modified":"2021-09-08T09:51:08","modified_gmt":"2021-09-08T13:51:08","slug":"enterprises-worldwide-show-renewed-interest-in-iot","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/enterprises-worldwide-show-renewed-interest-in-iot\/","title":{"rendered":"Enterprises Worldwide Show Renewed Interest in IoT"},"content":{"rendered":"

<\/p>\n

Enterprises Worldwide Show Renewed Interest in IoT<\/b><\/p>\n

ISG Provider Lens\u2122 report finds companies turning to service providers to help them better manage and secure their IoT systems<\/b><\/p>\n

STAMFORD, Conn.–(BUSINESS WIRE<\/a>)–
\nEnterprises across the globe are showing renewed interest in the Internet of Things (IoT) and the Industrial Internet of Things (IIoT), and they are looking to service providers to help manage and secure their installations, according to a new report published today by Information Services Group (ISG<\/a>) (Nasdaq: III<\/a>), a leading global technology research and advisory firm.\n<\/p>\n

\nThe 2021 ISG Provider Lens\u2122 Internet of Things \u2013 Services and Solutions Global Report finds a growing interest in using the IoT in several ways, such as improving the efficiency of the supply chain, running shop floor equipment, and powering autonomous vehicles.\n<\/p>\n

\n\u201cThere is a clear resurgence of interest from enterprises around the world in the IoT,\u201d said Gaurav Gupta, partner and global leader, ISG Digital Engineering. \u201cMost large enterprises, having chosen their IoT platforms by now, are interested in scaling their IoT initiatives globally.\u201d\n<\/p>\n

\nWhile the pandemic slowed overall investment in the IoT in 2020, the manufacturing industry, for one, increased its spending on IoT outsourcing contracts, the report says, in line with strong growth in smart manufacturing initiatives before the pandemic.\n<\/p>\n

\nGupta noted that, within the realm of smart manufacturing, the pandemic impacted hardware and other capex-related IoT investments, but \u201cintelligent op-ex investments with a clear ROI, such as asset management and predictive maintenance, are gaining steam.\u201d\n<\/p>\n

\nBeyond manufacturing, spending on IoT outsourcing contracts began to rebound across more industries in the fourth quarter of 2020, the report notes.\n<\/p>\n

\nIn addition to pandemic-related impacts, many companies rolling out the IoT are concerned about cybersecurity, and they\u2019re turning to service providers to help them protect the data flowing over IoT systems, the report says.\n<\/p>\n

\nIoT service providers are building security services into their consulting and managed services engagements, especially those focused on IT and operational technology (OT) convergence, the report adds. Many security services cover the entire IoT ecosystem, from the edge to the cloud to on-premises systems.\n<\/p>\n

\nConvergence of IT and OT systems is another major challenge for enterprises deploying IoT systems, the report says. The use of legacy systems in both worlds can slow down integration and mobility. Service providers are combining their industry expertise and IT proficiencies to develop converged systems.\n<\/p>\n

\nService providers are also helping enterprises deploy artificial intelligence in IoT systems, including on the edge, the report adds. AI can help IoT systems better process large volumes of data, and service providers often offer customized AIOps systems for specialized customer needs.\n<\/p>\n

\nThe report sees a growing interest in 5G networking technologies as a way to connect IoT networks, but it notes spectrum availability is inconsistent across the globe. In some cases, mobile network operators may need to shut down older networks to make way for 5G.\n<\/p>\n

\nEnterprise clients, especially those with deployed IoT fleets and devices, will need to manage the selection of replacement technologies when mobile operators shutter older services, the report recommends. Shuttering events will happen on a per-country, per-operator basis, which makes them difficult to manage.\n<\/p>\n

\nThe 2021 ISG Provider Lens\u2122 <\/b>Internet of Things \u2013 Services and Solutions Global Report evaluates the capabilities of 30 providers across three quadrants: Artificial Intelligence on the Edge, IoT Endpoint Security and IT\/OT Tech Data Convergence.\n<\/p>\n

\nThe report names Atos, Capgemini and IBM as Leaders in three quadrants and Cognizant, DXC Technology and Siemens as Leaders in two. Accenture, HARMAN, HCL, HPE, Infosys, L&T Technology Services, Tech Mahindra, Verizon and Wipro are named Leaders in one quadrant.\n<\/p>\n

\nIn addition, NTT Data was named a Rising Star\u2014a company with a \u201cpromising portfolio\u201d and \u201chigh future potential\u201d by ISG\u2019s definition\u2014in two quadrants. HCL and Orange Business Services were named Rising Stars in one quadrant.\n<\/p>\n

\nCustomized versions of the report are available from Atos<\/a> and L&T Technology Services<\/a>.\n<\/p>\n

\nThe 2021 ISG Provider Lens\u2122Internet of Things \u2013 Services and Solutions Global Report is available to subscribers or for one-time purchase on this webpage<\/a>.\n<\/p>\n

About ISG Provider Lens\u2122 Research<\/b><\/p>\n

\nThe ISG Provider Lens\u2122 Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia\/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage<\/a>.\n<\/p>\n

\nA companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.\n<\/p>\n

About ISG<\/b><\/p>\n

\nISG (Information Services Group) (Nasdaq: III<\/a>) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world\u2019s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries\u2014a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry\u2019s most comprehensive marketplace data. For more information, visit www.isg-one.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210908005778\/en\/<\/a><\/span><\/p>\n

Press Contacts:
\n<\/b><\/p>\n

Will Thoretz, ISG
\n
+1 203 517 3119
\n
will.thoretz@isg-one.com
\n<\/a><\/p>\n

Erik Arvidson, Matter Communications for ISG
\n
+1 617 755 2985
\n
isg@matternow.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Connecticut<\/p>\n

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Enterprises Worldwide Show Renewed Interest in IoT ISG Provider Lens\u2122 report finds companies turning to service providers to help them better manage and secure their IoT systems STAMFORD, Conn.–(BUSINESS WIRE)– Enterprises across the globe are showing renewed interest in the Internet of Things (IoT) and the Industrial Internet of Things (IIoT), and they are looking to service providers to help manage and secure their installations, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2021 ISG Provider Lens\u2122 Internet of Things \u2013 Services and Solutions Global Report finds a growing interest in using the IoT in several ways, such as improving the efficiency of the supply … <\/p>\n

Continue reading “Enterprises Worldwide Show Renewed Interest in IoT”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-535733","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEnterprises Worldwide Show Renewed Interest in IoT - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/enterprises-worldwide-show-renewed-interest-in-iot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enterprises Worldwide Show Renewed Interest in IoT - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Enterprises Worldwide Show Renewed Interest in IoT ISG Provider Lens\u2122 report finds companies turning to service providers to help them better manage and secure their IoT systems STAMFORD, Conn.–(BUSINESS WIRE)– Enterprises across the globe are showing renewed interest in the Internet of Things (IoT) and the Industrial Internet of Things (IIoT), and they are looking to service providers to help manage and secure their installations, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. 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