ABI Research's Latest Executive Foresights Looks at the Evolution of Siemens MindSphere

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Aug 23, 2018, 09:00 ET

OYSTER BAY, N.Y., Aug. 23, 2018 /PRNewswire/ -- "Siemens MindSphere Continues to Evolve" is the focus of a just-published Executive Foresights, announced ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.

Pierce Owen, author of the Executive Foresights and Principal Analyst at ABI Research, outlines and discusses the technologies and strategies implemented by Siemens AG for MindSphere to not only survive but also grow over the next five to 10 years. "Siemens has pushed forward with its open mindset, expanding the different systems, infrastructures, and partners with whom it works to help clients implement its MindSphere platform. These moves set up Siemens to integrate with as many or more new and legacy cloud and enterprise systems than any other platform," wrote Owen in the Executive Foresights, which often focus on noteworthy news events highlighting financial statistics and technology forecasts delivered in one- to two-page executive summaries.

In a recent 38-page Smart Manufacturing Platforms competitive assessment report, Siemens is named as one of the leaders with high scores in digital twins, edge intelligence, AR (Augmented Reality), protocol adaptability and connectivity. The report ranked 11 platforms from top industry vendors and analyzed each on their proven innovation and implementation criteria framework. The competitive assessment includes ABB Ability, Bosch IoT Suite, Emerson Plantweb, Fujitsu Colmina, GE Predix, Hitachi Lumada, PTC ThingWorx, SAP Leonardo, Schneider Electric EcoStruxure, Siemens MindSphere, and Telit deviceWIS.

"Siemens has developed quite advanced capabilities around its MindSphere platform and has some partnerships in place that could lead to a jump to the top spot within a year," Owen noted.

"Siemens MindSphere has the foundation and team in place to become the most powerful, innovative IoT solution. We are heavily investing in development and diverse strategic alliances to move MindSphere into that top spot in Smart Manufacturing platforms. We are committed to delivering each customer an end to end digital innovation strategy that provides detailed insight into all aspects of decision making for product development, production operations, and that leverages IoT to gain insights into the performance of products and plants in operation," stated Andreas Geiss, Siemens' Vice President and Chief Technology Officer of MindSphere.

Related Research
Smart Manufacturing Platforms competitive assessment, click here.
Executive Summary of the competitive assessment, click here.
Executive Foresights, "Siemens MindSphere Continues to Evolve," click here.
Executive Foresights, "Platforms Differentiate with Three Types of Strategies," click here.

About ABI Research's Executive Foresights:
Executives seeking strategic guidance on recent, noteworthy news events, such as mergers and acquisitions, proposed and recently enacted regulations, product launches, and market updates are the focus of an ABI Research deliverable called Executive Foresights.

In a one- to two-page executive summary format, Executive Foresights focus on real-world triggers and provide the context of an important event by often highlighting financial statistics, including revenues, along with ABI's important technology forecasts. The end result of the Executive Foresights will help senior management advance their thinking by seeing a bigger picture and realize their – and their organization's – next steps.

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.