Industrial, Manufacturing & Heavy Industry Market News

Discover the industrial analytics market expected to grow at a CAGR of 11.3% during the forecast period 2017-2022

The worldwide industrial analytics market could include popular industry names such as General Electric Company, Hewlett Packard Enterprise Company, International Business Machines Corporation, Microsoft Corporation, SAP SE, Cisco Systems, Inc., Intel Corp., Oracle Corp, TIBCO Software, Inc., and Hitachi Ltd.

The global industrial analytics market is forecast to surge its growth on the back of the increasing value of data analytics in industrial applications. This trend could be backed by three chief enablers, viz.

advanced data analytics techniques, connected products and machines, and next-generation industrial infrastructure such as Industry 4.0. Industrial companies are envisioned to take a significant stride forward with the combination of the internet of things (IoT), Industry 4.0 technologies, and advancements in data analytics.