Pune, India -- (SBWire) -- 08/21/2018 --Global Industrial Cloud Platform Market, By Solution (Supervisory Control & Data Acquisition, Distributed Control System, Manufacturing Execution System, Human-Machine Interface, Product Lifecycle Management, Others), Professional Service (System Integration ,Consulting), Service Model(Software-as-a-Service, Platform-as-a-Service, ,Infrastructure-as-a-Service), Cloud Type (Private, Public, and Hybrid), By End Users (Oil & Gas, Electric Power Generation, Chemicals, Water & Waste Water Management, Food & Beverage, Mining & Metal, Pulp & Paper, Pharmaceutical, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
In June 2017, Wipro Limited collaborated with Red Hat, to set up a cloud application factory that enables developers and IT teams to have repeatable and rapid methodology for application modernization across public, private and hybrid clouds.
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Market Analysis:
The Global Industrial Cloud Platform Market was valued at USD 703.5 billion in 2017 and is expected to reach USD 737.5 billion in 2025 growing at a healthy CAGR of 27.8% the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
In May 2018, Epicor Software Corporation has partnered with Microsoft to provide Epicor enterprise-class solutions globally on the Microsoft Azure platform to promote business growth. This strategy offers cloud deployment of Epicor Prophet 21 enterprise resource planning (ERP) suites on Microsoft Azure to provide industrial cloud platform.
Major players in the market are
- PTC,
- Hitachi Data Systems,
- IBM,
- Epicor Software,
- Oracle Corporation,
- Prevas,
- QAD Inc.,
- Rackspace Inc.,
- Red Hat, Inc.,
- Microsoft,
- Rockwell Automation, Inc.,
- Salesforce.com, Inc.,
- SAP SE,
- Schneider Electric SE,
- Hewlett Packard,
- Net Magic IT Services,
- Sify Technologies,
- CtrlS Data Center, V
- Mware, Inc., and many more.
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The rapid industrialization has made more companies to adopt for the modern platform approach. The digital transformation is the smarter way to perform business to serve better for the need of speed, agility and efficiency. Industrial cloud platform offer services that deal with an extensive array of applications including storage, development platforms, servers, and virtual desktops. The adoption of public cloud services is expected to remain high in various enterprises.
Segmentation:
By Solution
1. Supervisory Control and Data Acquisition
2. Distributed Control System
3. Manufacturing Execution System
4. Human-Machine Interface
5. Product Lifecycle Management
6. Others
By Cloud Type
1. Private
2. Public
3. Hybrid
By Service Model
1. Software-as-a-Service
2. Platform-as-a-Service
3. Infrastructure-as-a-Service
By Professional Service
1. System Integration
2. Consulting
By End Users
1. Oil & Gas
2. Electric Power Generation
3. Chemicals
4. Water & Waste Water Management
5. Food & Beverage
6. Mining & Metal
7. Pulp & Paper
8. Pharmaceutical
9. Others
By Geography
1. North America
2. Europe
3. Asia-Pacific
4. South America
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Industrial Cloud Platform Market Impressive +27.8% CAGR with Key Players Like Schneider Electric, Honeywell, Siemens, GE, Wipro
Industrial cloud platform offer services that deal with an extensive array of applications including storage, development platforms, servers, and virtual desktops. The adoption of public cloud services is expected to remain high in various enterprises.