Recent research by ARC Advisory Group confirms that data is essential for manufacturing and operations and that the digital transformation of industries is improving the Operational Historians/Industrial Data Platforms technology. The industrial time-series Historian/Industrial Data Platform is evolving, and its market keeps growing. New types of data are being merged with traditional structured process data and the amount of data keeps rising exponentially. Digital transformation and everything it involves is based on data. Operational data is required to optimize manufacturing performance in real time. New technologies like edge, cloud, digital twins, 3D virtual reality technologies, and advanced analytics including AI are all creating the need for more data, which is accessible, available, searchable, and contextualized.
"This is the year of Industrial Data Platforms with data operations that connect, contextualize, model, democratize and ultimately connect the enterprise. Newer infrastructure and better tools including AI and ML for data operations and data management increase the demand for real-time Operational Historians, cloud-based enterprise Historians, and new on-premise Data Platforms. The shift toward user personas and roles with vivid visualization combined with ease of use, self-service tools, connected and collaborative enhancements continues to drive usage. The connected enterprise and increase in the volume of data is also driving the Operational Historian Market. Manufacturers and operating companies continue to enable workers from anywhere with the ability to access data, to collaborate and enable faster and better data-driven decisions that improve performance. Newer technologies like AI, digital twins, augmented and virtual reality, are enabling enterprise-wide Operational Historians and Data Platforms. AR/VR and Digital Twins are being embedded and integrated into the Operational Historian to provide a more complete view of the industrial assets,” according to Janice Abel, Principal Consultant and key author of ARC's Operational Historians/Data Platforms Market Research.
Operational Historians/Data Platforms Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- Digital Transformation of Operations
- Data Cultural Shift
- Market Focus on Data
- Open-Source Data Tools and Databases Increase
- Structured, Semi-Structured and Unstructured Data
- User Experience (UX) and Personas
- Connected Collaborative Workers Across the Enterprise from Anywhere
- Autonomous Operations
- Data Management and Auto Tools
- Enterprise-wide Operational Historian/Data Platform
- Low Code/No Code Platforms
- Newer Data Platform Standards and Data Movement
- New SaaS, DaaS Subscription and Remote Services
Leading Suppliers to the Operational Historians/Data Platforms Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Aspen Technology, AVEVA, Cognite, Copa-Data, Honeywell.
About the Operational Historians/Data Platforms Research
The Operational Historians/Data Platforms research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The research segmentation includes Industry, Customer Type, World Region, Sales Channel, Service Revenues by Type, Deployment Model, Revenue Category, Customer Tier, Standalone vs. Embedded Delivery, Software Revenues by Type, Overall Scope.
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