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Topical global connected enterprise market detailed in new research report

Topical global connected enterprise market detailed in new research report

Connected enterprise solutions are providing extending opportunities for high product utilization, new functionalities, enhanced capabilities, and greater reliabilities that exceed the conventional product boundaries. The changing nature of solutions and services are transforming value chain activities and are enabling investments in research & development to offer distinguished products.

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The global connected enterprise market size was estimated at USD 90.10 billion in 2015. The surge in technological advancements such as big data, analytics, and cloud computing is triggering investments in this market.

Connected enterprise solutions are providing extending opportunities for high product utilization, new functionalities, enhanced capabilities, and greater reliabilities that exceed the conventional product boundaries. The changing nature of solutions and services are transforming value chain activities and are enabling investments in research & development to offer distinguished products.

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Additionally, these solutions share information across devices, people, and process for ensuring end-to-end process optimization. This enables companies to quickly react to customer and supplier activities, changing their market conditions and business opportunities.

The connected enterprise solutions aid in connecting technology and people in several transformative ways. Companies are developing new business models and are enhancing their operations to access and analyze voluminous data.

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Connected technology is emerging at a faster pace as millions of devices and machines are getting interconnected leading to new realms of opportunities. Organizations are aggressively adopting IoT solutions in retail, healthcare, and industries for transforming their business processes.

Further, they are embracing data exchange, automation and smart manufacturing technologies as digital solutions are disrupting the industrial sector.

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Connected enterprise solutions captured a market share of over 55% in 2015. The need for enhanced customer experience and the capability to manage a large amount of data are driving the demand for the solutions segment.

These solutions aid enterprises to maximize their operational efficiency by helping them achieve real-time asset monitoring. For instance, monitoring of shipping containers for temperature changes affects its quality using 4G LTE connectivity and battery-powered sensors.

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