May 3, 2018   SOURCE: PR NewsWire

ABI Research's Hannover Messe 2018 Report Details How Industrial Market Is Ripe for Digitization

ABI Research's Hannover Messe 2018 Report Details How Industrial Market Is Ripe for Digitization

OYSTER BAY, N.Y., May 3, 2018 /PRNewswire/ -- The industrial market is ripe for digitization, and the impetus for aggressive pursuit is present, announced ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.

ABI Research had several analysts from its Industrial research group on-site at the Hannover Messe 2018 conference in Hannover, Germany between April 23-27, 2018, and their observations have been compiled into eight brief reads: "Digital Transformation & Industry 4.0: Hannover Messe 2018 Report."

The impact of technology and the pursuit of digitization was evident in full at the Hannover Messe conference. Some noteworthy findings from the whitepaper include:

    --  The industrial market is ripe for digitization, and the impetus for
        aggressive pursuit is present. Rather than market-based pain being the
        driving force, dwindling capacity headroom and a fear of losing
        competitive edge to a rival are forcing manufacturers to actively pursue
        a different model for driving profitability and growth.
    --  There is a clear timeline for applications and market segments that look
        set to form the vanguard of digitization. These are led by car makers
        and consumer electronics manufacturers.
    --  The manufacturing base is faced with several confusing decisions, and
        the supplier base is adding to the confusion, centered primarily around
        architecture and approach to digitization.
    --  Platform proliferation is a problem. However, all platforms are not
        created equal. Very few are truly end-to-end, and many do not integrate
        easily with one another. Consequently, manufacturers must continue
        customizing and optimizing solutions to provide a truly integrated
        end-to-end solution.
    --  There is real concern over data ownership, management, and location from
        the manufacturer community, and still a massive desire to hold sensitive
        data on-premises and in closed-loop environments.
    --  The debate between edge and cloud computing is almost religious in its
        fervor. Successful technology providers will find the way to balance
        these approaches in the most optimized way for their clients.

In the report, "Digital Transformation & Industry 4.0: Hannover Messe 2018," the following compelling transformative technologies impacting Industry 4.0 are highlighted:

    --  AR & Mixed Reality
    --  Blockchain & Distributed Ledger Technologies
    --  Digital Security
    --  Intelligent Transportation & eFreight
    --  M2M (Machine to Machine), IoT (Internet of Things) & IoE (Internet of
        Everything)
    --  Robotics, Automation & Intelligent Systems
    --  Smart Manufacturing
    --  Wi-Fi, Bluetooth & Wireless Connectivity

Download the complete report at http://info.abiresearch.com/hannover-messe-industry-4.0

Resources:

    --  Know "The Top Questions & Answers for Industrial Innovators: Six
        1-Minute Transformative Technology Reads"
    --  Discover "How Blockchain is Impacting Industrial Manufacturing and
        Supply Chain Logistics"
    --  Listen to the Webinar recording: "Leveraging Blockchain for Industrial
        Manufacturing & Supply Chain Logistics"

About ABI Research

ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI's own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture. For more information about ABI Research's forecasting, consulting and teardown services, visionaries can contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.


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    Deborah Petrara      Christopher Leary

    Tel: +1.516.624.2558 Tel: +1.516.624.2544

    pr@abiresearch.com   pr@abiresearch.com

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SOURCE ABI Research