Market Share of Industrial Analytics Industry
The major players include Intel, Cisco Systems, IBM, General Electric, Amazon.com, Oracle Corporation, Hewlett-Packard, Microsoft Corporation, and Genpact, amongst others. The market is fragmented since there is high competition among major players due to the adoption of industry 4.0 and the companies spending heavily on R&D for better operational activities. Therefore, the market concentration will be low.
- August 2022-Industrial Analytics, a firm based in Berlin, was acquired by Infineon Technologies AG. Infineon is enhancing its artificial intelligence software and services business to perform predictive analysis on machinery and industrial equipment. Infineon is acquiring all outstanding shares of the business. Based on the collection and evaluation of vibrations, Industrial Analytics creates artificial intelligence systems that, for instance, monitor plants for the early detection of significant developments. Industrial Analytics' AI solutions analyze data for predictive maintenance and make actionable suggestions.
Industrial Analytics Market Leaders
Cisco Systems
IBM Corporation
General Electric Company
Oracle Corporation
Robert Bosch GmbH
*Disclaimer: Major Players sorted in no particular order
